Money Concepts Capital Corp Trims Position in iShares 7-10 Year Treasury Bond ETF $IEF

Money Concepts Capital Corp cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,577 shares of the exchange traded fund’s stock after selling 34,249 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 0.8% of Money Concepts Capital Corp’s portfolio, making the stock its 22nd largest holding. Money Concepts Capital Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,518,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. HUB Investment Partners LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after purchasing an additional 104 shares in the last quarter. Fiduciary Alliance LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 110 shares in the last quarter. GC Wealth Management RIA LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares in the last quarter. M3 Advisory Group LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after purchasing an additional 125 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% in the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 128 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.64 on Tuesday. The firm has a fifty day moving average price of $95.57 and a 200-day moving average price of $96.22. The stock has a market cap of $48.28 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $93.03 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3125 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, May 1st.

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. 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.