iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 107,439 shares of the exchange traded fund’s stock after selling 23,337 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,595,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Van ECK Associates Corp grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 12.5% during the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 113 shares during the period. Wetzel Investment Advisors Inc. boosted its position 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 during the period. Lockerman Financial Group Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 2.1% during the 3rd quarter. Lockerman Financial Group Inc. now owns 5,776 shares of the exchange traded fund’s stock worth $516,000 after acquiring an additional 118 shares during the last quarter. CX Institutional grew its position in iShares 7-10 Year Treasury Bond ETF by 36.7% in the third 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. Finally, KPP Advisory Services LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% in the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after acquiring an additional 138 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ:IEF opened at $90.25 on Wednesday. The firm has a market capitalization of $41.52 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.64 and a twelve month high of $98.04. The stock’s 50 day moving average price is $91.19 and its two-hundred day moving average price is $93.16.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.