iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Hudock Inc.

Hudock Inc. cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 96.3% during the third quarter, HoldingsChannel.com reports. The firm owned 4,395 shares of the exchange traded fund’s stock after selling 113,000 shares during the period. Hudock Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Van ECK Associates Corp increased its holdings in iShares 7-10 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock valued at $96,000 after buying an additional 113 shares during the period. Wetzel Investment Advisors Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the third quarter. Wetzel Investment Advisors Inc. now owns 2,371 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 118 shares in the last quarter. CX Institutional increased its holdings in iShares 7-10 Year Treasury Bond ETF by 36.7% during the 3rd quarter. CX Institutional now owns 469 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 126 shares in the last quarter. KPP Advisory Services LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% in the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 138 shares in the last quarter. Finally, Dogwood Wealth Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 8.4% in the 2nd quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 144 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $89.71 on Thursday. The stock has a market capitalization of $41.42 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.64 and a fifty-two week high of $98.04. The company has a 50 day moving average price of $91.40 and a 200 day moving average price of $93.29.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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. 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.