Capital Advisors Wealth Management LLC Sells 500 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Capital Advisors Wealth Management LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,019 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $968,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. CVA Family Office LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 103.2% in the first quarter. CVA Family Office LLC now owns 315 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 160 shares during the period. Aspire Private Capital LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $31,421,040,000. Ahrens Investment Partners LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $32,000. BerganKDV Wealth Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 818.9% during the first quarter. BerganKDV Wealth Management LLC now owns 340 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 303 shares in the last quarter. Finally, Cary Street Partners Asset Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $33,000. 86.63% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock traded down $0.03 during trading hours on Monday, reaching $93.06. 931,176 shares of the stock were exchanged, compared to its average volume of 7,978,688. The firm’s 50-day moving average is $94.68 and its 200-day moving average is $96.99. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.48 and a 12 month high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were issued a dividend of $0.2418 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $2.90 dividend on an annualized basis and a dividend yield of 3.12%.

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.