Silverleafe Capital Partners LLC Reduces Holdings 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% during the fourth quarter of the fiscal year. According to their recent Form 13F filing submitted to the Securities and Exchange Commission (SEC), the firm now holds 25,826 shares of the ETF after selling a total of 30,643 shares.

This exchange-traded fund (ETF) represents 0.8% of Silverleafe Capital Partners LLC's overall portfolio, marking it as the 27th largest holding within their investments. The value of their stake in iShares 7-10 Year Treasury Bond ETF is currently estimated at $2,388,000 based on their latest filing with the SEC.

In addition to Silverleafe, several other institutional investors have also adjusted their positions in the iShares 7-10 Year Treasury Bond ETF. For instance, PSI Advisors LLC increased their stake by 20.0% during the third quarter and now owns 653 shares worth approximately $64,000 after adding 109 shares. Meanwhile, J. W. Coons Advisors LLC raised its position by 1.0%, owning 13,239 shares valued at around $1,299,000, following the acquisition of 135 additional shares in the same period.

Drive Wealth Management LLC also expanded their holdings by 3.0%, resulting in a total of 4,924 shares worth $483,000 after they bought 144 shares. Another firm, SignalPoint Asset Management LLC, increased its shares by 0.9%, now holding 15,562 shares valued at $1,531,000 after purchasing 146 additional shares. Finally, Rakuten Securities Inc. raised its stake by 45.1% in the third quarter, now owning 492 shares worth approximately $48,000 after acquiring 153 more shares.

Currently, institutional investors own about 81.48% of the iShares 7-10 Year Treasury Bond ETF, demonstrating significant confidence in the fund from serious market players.

Recent Stock Performance

On the trading floor, shares of the iShares 7-10 Year Treasury Bond ETF (NASDAQ: IEF) saw a slight decrease of $0.15 on Monday, bringing the price down to $92.20. The ETF's trading volume reached 1,991,538, which is lower than its average volume of 3,246,924 shares. The fifty-day moving average for IEF stands at $93.72, while the 200-day moving average is at $95.40. The ETF has a total market capitalization of $31.32 billion, with a negative price-to-earnings ratio of -21.67, indicating some unique market conditions. The 52-week range for the ETF saw a low of $91.02 and a high of $99.18.

Dividend Announcement

The iShares 7-10 Year Treasury Bond ETF recently announced an increase in its monthly dividend. On December 23rd, eligible shareholders received a dividend payment of $0.3075, which was based on the record date of December 18th. This change reflects a rise from the previous monthly dividend of $0.29, translating into an annualized dividend yield of 4.00%.

Fund Overview

The iShares 7-10 Year Treasury Bond ETF is designed to track the performance of an index that is composed of U.S. Treasury bonds with maturities ranging from seven to ten years. The fund aims to replicate the investment results of the Barclays U.S. Treasury 7-10 Year Bond Index.

Silverleafe, ETF, Investment