iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Lessened by Focus Financial Network Inc.

Focus Financial Network Inc. lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 279,464 shares of the exchange traded fund’s stock after selling 3,066 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 1.0% of Focus Financial Network Inc.’s holdings, making the stock its 17th largest position. Focus Financial Network Inc. owned approximately 0.08% of iShares 7-10 Year Treasury Bond ETF worth $25,836,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $25,000. Hazlett Burt & Watson Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth $34,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $35,000. Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $38,000. Finally, Rakuten Securities Inc. lifted its holdings in 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 worth $48,000 after purchasing an additional 153 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0 %

Shares of IEF opened at $93.12 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a market capitalization of $32.08 billion, a PE ratio of -21.67 and a beta of 0.05. The firm has a 50-day moving average price of $92.96 and a 200 day moving average price of $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2964 per share. The ex-dividend date of this dividend 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 Company 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.