Townsquare Capital LLC Sells 12,973 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Townsquare Capital LLC decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 180,753 shares of the exchange traded fund’s stock after selling 12,973 shares during the quarter. Townsquare Capital LLC owned about 0.05% of iShares 7-10 Year Treasury Bond ETF worth $17,736,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Capital Investment Counsel Inc bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Innealta Capital LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $28,000. Hazlett Burt & Watson Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $34,000. Van ECK Associates Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $36,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2 %

Shares of NASDAQ:IEF opened at $94.41 on Wednesday. The firm has a market capitalization of $33.53 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The business’s 50 day moving average is $95.52 and its 200-day moving average is $95.36.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.2916 dividend. This represents a $3.50 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.