American Institute for Advanced Investment Management LLP Sells 550 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

American Institute for Advanced Investment Management LLP decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.4% during the second quarter, HoldingsChannel reports. The firm owned 5,305 shares of the exchange traded fund’s stock after selling 550 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $508,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Asset Management Group Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 123 shares during the period. Joel Adams & Associates Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% in the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the last quarter. Global Trust Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% in the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 125 shares during the last quarter. Roundview Capital LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.6% in the second quarter. Roundview Capital LLC now owns 10,182 shares of the exchange traded fund’s stock worth $975,000 after acquiring an additional 156 shares during the last quarter. Finally, Plimoth Trust Co. LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.6% in the second quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock worth $245,000 after acquiring an additional 158 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.85 on Friday. The company’s fifty day simple moving average is $96.74 and its 200-day simple moving average is $95.40. The company has a market cap of $40.19 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2945 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.