Capasso Planning Partners LLC Sells 2,317 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Capasso Planning Partners LLC decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 37.2% in the second quarter, Holdings Channel.com reports. The firm owned 3,913 shares of the exchange traded fund’s stock after selling 2,317 shares during the period. Capasso Planning Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $378,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IEF. Grove Bank & Trust purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $36,000. Angeles Wealth Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $37,000. Resurgent Financial Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $37,000. WFA of San Diego LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $40,000. Finally, Steward Financial Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $45,000. 86.63% of the stock is owned by institutional investors.

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

Shares of NASDAQ:IEF traded up $0.23 on Tuesday, hitting $92.89. The company had a trading volume of 3,440,880 shares, compared to its average volume of 8,924,212. The firm’s 50-day simple moving average is $91.24 and its two-hundred day simple moving average is $94.38. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were issued a $0.249 dividend. The ex-dividend date of this dividend was Wednesday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a $2.99 annualized dividend and a yield of 3.22%.

iShares 7-10 Year Treasury Bond ETF Company 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.