Barings LLC Has $27.51 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

by · The Cerbat Gem

Barings LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 56.3% in the first quarter, HoldingsChannel.com reports. The fund owned 288,213 shares of the exchange traded fund’s stock after selling 371,648 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 0.4% of Barings LLC’s investment portfolio, making the stock its 27th largest position. Barings LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $27,507,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Elevated Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000. Asset Dedication LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $93.72 on Friday. The firm’s fifty day moving average is $94.09 and its two-hundred day moving average is $95.31. The firm has a market cap of $47.03 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Free Report)

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.

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