Silverleafe Capital Partners LLC Reduces Stake in iShares 7-10 Year Treasury Bond ETF

Silverleafe Capital Partners LLC has significantly reduced its investment in the iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 54.3% in the last quarter of the year. This change was reported in their latest Form 13F filing with the Securities and Exchange Commission (SEC). After selling 30,643 shares during this period, Silverleafe now holds 25,826 shares of the ETF. This investment represents only 0.8% of their total holdings, ranking it as their 27th largest investment. As of the latest filing, the value of Silverleafe's holdings in the iShares 7-10 Year Treasury Bond ETF is approximately $2.39 million.

Other institutional investors have also adjusted their stakes in the ETF. For instance, PSI Advisors LLC increased its ownership by 20% during the third quarter, now holding 653 shares valued at about $64,000 after acquiring 109 additional shares. J.W. Coons Advisors LLC similarly raised its position by 1%, owning 13,239 shares valued at around $1.3 million, following a purchase of 135 shares. Drive Wealth Management LLC expanded its investment by 3%, bringing its total to 4,924 shares valued at $483,000 after buying an extra 144 shares. SignalPoint Asset Management LLC slightly increased its holdings by 0.9%, now owning 15,562 shares worth about $1.5 million.

Recent Stock Performance

On a recent trading day, shares of the iShares 7-10 Year Treasury Bond ETF were down by $0.15, closing at $92.20. The trading volume was approximately 1,991,538 shares, with the average trading volume being 3,246,924 shares. The ETF has a fifty-day moving average of $93.72 and a two-hundred day average of $95.40. Currently, it holds a market capitalization of $31.32 billion, a price-to-earnings ratio of -21.67, and a beta value of 0.05. Over the past year, the ETF has witnessed a low of $91.02 and a high of $99.18.

Dividend Announcement

In recent news, the iShares 7-10 Year Treasury Bond ETF declared a monthly dividend that has recently been paid. Shareholders eligible on December 18 received a dividend of $0.3075, marking an increase from the previous monthly dividend of $0.29. This results in an annualized dividend of $3.69 and a yield of 4.00%.

About the iShares 7-10 Year Treasury Bond ETF

The iShares 7-10 Year Treasury Bond ETF is an exchange-traded fund that aims to track the investment performance of an index comprised of U.S. Treasury bonds that have maturities ranging from seven to ten years. Specifically, it targets the Barclays U.S. Treasury Bond Index.

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