Opal Wealth Advisors LLC Has $822,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Opal Wealth Advisors LLC lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 40.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,892 shares of the exchange traded fund’s stock after selling 6,049 shares during the quarter. Opal Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $822,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Logan Capital Management Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Hazlett Burt & Watson Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $34,000. Van ECK Associates Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $35,000. Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $38,000. Finally, Rakuten Securities Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 153 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ IEF opened at $93.14 on Monday. The company has a market cap of $32.09 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm’s 50-day simple moving average is $92.96 and its 200 day simple moving average is $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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