Raub Brock Capital Management LP Reduces Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Raub Brock Capital Management LP reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 328,575 shares of the exchange traded fund’s stock after selling 10,950 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 6.6% of Raub Brock Capital Management LP’s holdings, making the stock its biggest position. Raub Brock Capital Management LP owned approximately 0.11% of iShares 7-10 Year Treasury Bond ETF worth $31,103,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in IEF. Qube Research & Technologies Ltd bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $1,822,000. Axxcess Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 110.8% in the third quarter. Axxcess Wealth Management LLC now owns 105,480 shares of the exchange traded fund’s stock worth $9,661,000 after acquiring an additional 55,437 shares during the period. Ameriprise Financial Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 13.3% in the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after acquiring an additional 804,424 shares during the period. KPP Advisory Services LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $400,000. Finally, Schroder Investment Management Group raised its position in iShares 7-10 Year Treasury Bond ETF by 0.4% in the third quarter. Schroder Investment Management Group now owns 357,639 shares of the exchange traded fund’s stock worth $32,756,000 after acquiring an additional 1,304 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock traded up $0.34 during mid-day trading on Tuesday, hitting $93.01. The company had a trading volume of 1,102,214 shares, compared to its average volume of 7,908,920. The firm has a market cap of $28.50 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $97.19. The stock’s fifty day moving average price is $93.06 and its two-hundred day moving average price is $94.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a $0.2851 dividend. This represents a $3.42 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Monday, July 1st.

iShares 7-10 Year Treasury Bond ETF 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.