Capital Advisors Wealth Management LLC Sells 23,780 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Capital Advisors Wealth Management LLC lowered its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 45,734 shares of the exchange traded fund’s stock after selling 23,780 shares during the period. Capital Advisors Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,412,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Barings LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 2.2% during the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock valued at $61,575,000 after purchasing an additional 13,550 shares during the last quarter. Advyzon Investment Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $498,000. Ally Invest Advisors Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 1.5% in the second quarter. Ally Invest Advisors Inc. now owns 897,827 shares of the exchange traded fund’s stock worth $85,985,000 after buying an additional 12,940 shares during the last quarter. WBH Advisory Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 73.9% in the second quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 7,854 shares in the last quarter. Finally, Joel Adams & Associates Inc. lifted 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 buying an additional 123 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2%

Shares of IEF opened at $96.28 on Friday. The company has a market capitalization of $40.16 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a 50 day moving average of $96.82 and a 200 day moving average of $96.02. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.3127 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.