iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 53.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,855 shares of the exchange traded fund’s stock after selling 18,327 shares during the period. TSA Wealth Managment LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Van ECK Associates Corp lifted its stake 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 worth $96,000 after acquiring an additional 113 shares in the last quarter. Wetzel Investment Advisors Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 3rd quarter. Wetzel Investment Advisors Inc. now owns 2,371 shares of the exchange traded fund’s stock valued at $212,000 after acquiring an additional 118 shares in the last quarter. Lockerman Financial Group Inc. grew its stake 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 valued at $516,000 after acquiring an additional 118 shares in the last quarter. CX Institutional grew its stake 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 acquiring an additional 126 shares in the last quarter. Finally, West Branch Capital LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% in the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of IEF traded down $0.15 during trading hours on Friday, reaching $91.05. The company’s stock had a trading volume of 32,715,877 shares, compared to its average volume of 8,988,578. The company has a 50 day moving average of $91.05 and a two-hundred day moving average of $93.08. The firm has a market cap of $41.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3069 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a drop 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 4.0%.

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.