Advisors Preferred LLC Has $8.30 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Advisors Preferred LLC trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,684 shares of the exchange traded fund’s stock after selling 39,814 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.3% of Advisors Preferred LLC’s investment portfolio, making the stock its 19th biggest position. Advisors Preferred LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,296,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PSI Advisors LLC lifted its position in shares of 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. J. W. Coons Advisors LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% in the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after purchasing an additional 135 shares during the period. Drive Wealth Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after buying an additional 144 shares in the last quarter. Intergy Private Wealth LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 6.2% in the 4th quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after buying an additional 146 shares during the period. Finally, Atomi Financial Group Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock valued at $5,097,000 after acquiring an additional 147 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ:IEF opened at $93.14 on Friday. The company has a 50 day moving average of $93.00 and a 200 day moving average of $95.10. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a market cap of $32.09 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2964 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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.