iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Holdings Lessened by Bangor Savings Bank

Bangor Savings Bank trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.4% in the first quarter, Holdings Channel.com reports. The firm owned 1,566 shares of the exchange traded fund’s stock after selling 451 shares during the quarter. Bangor Savings Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $148,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Truist Financial Corp lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 43.6% in the fourth quarter. Truist Financial Corp now owns 1,562,835 shares of the exchange traded fund’s stock worth $150,642,000 after purchasing an additional 474,819 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 93.9% during the fourth quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock valued at $7,493,000 after acquiring an additional 37,928 shares in the last quarter. Capital Analysts LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 8.0% during the fourth quarter. Capital Analysts LLC now owns 28,773 shares of the exchange traded fund’s stock valued at $2,773,000 after acquiring an additional 2,125 shares in the last quarter. Bison Wealth LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $2,274,000. Finally, Simplicity Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 146.3% during the fourth quarter. Simplicity Wealth LLC now owns 11,425 shares of the exchange traded fund’s stock valued at $1,101,000 after acquiring an additional 6,787 shares in 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 IEF opened at $94.35 on Monday. The firm has a market cap of $28.91 billion, a PE ratio of -21.67 and a beta of 0.05. The firm’s 50 day moving average price is $92.80 and its 200 day moving average price is $94.08. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $97.50.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.2764 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.32 annualized dividend and a yield of 3.52%.

iShares 7-10 Year Treasury Bond ETF Company Profile

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.