iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Courier Capital LLC

Courier Capital LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 91.5% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 10,466 shares of the exchange traded fund’s stock after selling 112,084 shares during the quarter. Courier Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $935,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Catalyst Private Wealth LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 55.6% in the third quarter. Catalyst Private Wealth LLC now owns 12,004 shares of the exchange traded fund’s stock valued at $1,072,000 after purchasing an additional 4,291 shares during the last quarter. Lincoln Capital Corp lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 8.7% during the 3rd quarter. Lincoln Capital Corp now owns 137,459 shares of the exchange traded fund’s stock worth $12,276,000 after purchasing an additional 11,015 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4,437.3% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 623,109 shares of the exchange traded fund’s stock valued at $55,650,000 after purchasing an additional 609,376 shares during the period. Gilpin Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 11.3% in the 3rd quarter. Gilpin Wealth Management LLC now owns 13,046 shares of the exchange traded fund’s stock valued at $1,165,000 after purchasing an additional 1,326 shares during the period. Finally, Prism Advisors Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 33.6% in the 3rd quarter. Prism Advisors Inc. now owns 21,929 shares of the exchange traded fund’s stock valued at $1,962,000 after purchasing an additional 5,510 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF traded up $0.11 on Tuesday, reaching $89.54. The stock had a trading volume of 12,778,693 shares, compared to its average volume of 8,782,964. The firm has a fifty day moving average of $91.55 and a two-hundred day moving average of $93.37. The company has a market cap of $41.34 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3069 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 dividend on an annualized basis and a yield of 4.1%. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

About iShares 7-10 Year Treasury Bond ETF

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.