Empower Advisory Group LLC Trims Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Empower Advisory Group LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,438 shares of the exchange traded fund’s stock after selling 673 shares during the quarter. Empower Advisory Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $239,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IEF. Fiera Capital Corp grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% during the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock valued at $495,000 after buying an additional 107 shares during the last quarter. PSI Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 20.0% during the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 109 shares during the last quarter. Matrix Trust Co grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.9% during the 2nd quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 120 shares during the last quarter. Oak Harbor Wealth Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.1% during the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,127,000 after buying an additional 126 shares during the last quarter. Finally, Catalyst Private Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.7% during the 2nd quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 128 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $93.32 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The business’s fifty day moving average price is $96.32 and its two-hundred day moving average price is $95.23. The stock has a market cap of $33.15 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.50 annualized dividend and a dividend yield of 3.75%.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.