Presidio Capital Management LLC Lowers Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Presidio Capital Management LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 91.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,962 shares of the exchange traded fund’s stock after selling 161,883 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 0.9% of Presidio Capital Management LLC’s portfolio, making the stock its 14th largest holding. Presidio Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,468,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of IEF. Fiera Capital Corp raised its holdings in shares of 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 worth $495,000 after acquiring an additional 107 shares in the last quarter. PSI Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares during the last quarter. Matrix Trust Co increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the 2nd quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 120 shares during the last quarter. Oak Harbor Wealth Partners LLC raised its position in shares of 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 in the last quarter. Finally, Catalyst Private Wealth LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% in the 2nd quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock valued at $450,000 after acquiring 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 Price Performance

Shares of NASDAQ IEF opened at $94.00 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $90.68 and a 1-year high of $99.18. The business’s 50 day moving average is $96.71 and its two-hundred day moving average is $95.16. The stock has a market capitalization of $33.39 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This represents a $3.50 annualized dividend and a dividend yield of 3.72%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.