Core Capital Management & Research inc. Buys Shares of 34,222 iShares 7-10 Year Treasury Bond ETF $IEF

Core Capital Management & Research inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,222 shares of the exchange traded fund’s stock, valued at approximately $3,177,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 1.7% of Core Capital Management & Research inc.’s investment portfolio, making the stock its 22nd largest holding.

A number of other large investors also recently modified their holdings of IEF. Windsor Advisory Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $29,000. Compass Financial Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $29,000. Finally, Strive Financial Group LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 483.0% during the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 256 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $91.89 on Thursday. The stock has a market capitalization of $46.62 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 $91.78 and a twelve month high of $98.04. The business’s 50 day simple moving average is $93.13 and its 200-day simple moving average is $94.40.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.332 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 1st.

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.