iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Holdings Trimmed by Advance Capital Management Inc.

Advance Capital Management Inc. cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,075 shares of the exchange traded fund’s stock after selling 7,873 shares during the quarter. Advance Capital Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,671,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PSI Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 20.0% in the 3rd quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 109 shares in the last quarter. J. W. Coons Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after acquiring an additional 135 shares during the period. Drive Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock valued at $483,000 after acquiring an additional 144 shares in the last quarter. SignalPoint Asset Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 0.9% in the 3rd quarter. SignalPoint Asset Management LLC now owns 15,562 shares of the exchange traded fund’s stock worth $1,531,000 after purchasing an additional 146 shares during the period. Finally, Rakuten Securities Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 153 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1 %

Shares of IEF traded down $0.09 during mid-day trading on Monday, reaching $92.26. The company’s stock had a trading volume of 3,874,362 shares, compared to its average volume of 3,772,302. The company has a market cap of $31.34 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a fifty day moving average of $93.72 and a 200 day moving average of $95.40. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.3075 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a yield of 4.00%.

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.