Nwam LLC Has $628,000 Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Nwam LLC lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 56.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 6,750 shares of the exchange traded fund’s stock after selling 8,918 shares during the quarter. Nwam LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $628,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IEF. Patten Group Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $229,000. Clarity Financial LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.9% during the 4th quarter. Clarity Financial LLC now owns 9,882 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 640 shares in the last quarter. Insight Wealth Strategies LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.8% during the 4th quarter. Insight Wealth Strategies LLC now owns 206,214 shares of the exchange traded fund’s stock worth $19,877,000 after buying an additional 20,136 shares in the last quarter. Fortitude Family Office LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $95,000. Finally, Advisor Resource Council bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $1,030,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of IEF opened at $94.58 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $97.11. The business’s fifty day moving average is $93.71 and its 200 day moving average is $93.87. The stock has a market cap of $28.70 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.2851 dividend. This represents a $3.42 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was 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.