112,084 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Courier Capital LLC

Courier Capital LLC trimmed its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 91.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 10,466 shares of the exchange traded fund’s stock after selling 112,084 shares during the quarter. Courier Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $935,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Catalyst Private Wealth LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 55.6% during the third quarter. Catalyst Private Wealth LLC now owns 12,004 shares of the exchange traded fund’s stock worth $1,072,000 after purchasing an additional 4,291 shares during the period. Lincoln Capital Corp grew its stake in iShares 7-10 Year Treasury Bond ETF by 8.7% during the third quarter. Lincoln Capital Corp now owns 137,459 shares of the exchange traded fund’s stock worth $12,276,000 after buying an additional 11,015 shares in the last quarter. Armstrong Advisory Group Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 4,437.3% during the third quarter. Armstrong Advisory Group Inc. now owns 623,109 shares of the exchange traded fund’s stock worth $55,650,000 after buying an additional 609,376 shares in the last quarter. Gilpin Wealth Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 11.3% during the third quarter. Gilpin Wealth Management LLC now owns 13,046 shares of the exchange traded fund’s stock worth $1,165,000 after buying an additional 1,326 shares in the last quarter. Finally, Prism Advisors Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 33.6% during the third quarter. Prism Advisors Inc. now owns 21,929 shares of the exchange traded fund’s stock worth $1,962,000 after buying an additional 5,510 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1%

IEF stock traded up $0.11 during mid-day trading on Tuesday, hitting $89.54. The stock had a trading volume of 12,778,693 shares, compared to its average volume of 8,782,964. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The firm has a market capitalization of $41.34 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a fifty day simple moving average of $91.55 and a 200 day simple moving average of $93.37.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3069 per share. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.1%.

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. 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.