iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,418 shares of the exchange traded fund’s stock after selling 525 shares during the period. Cape Investment Advisory Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $231,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IEF. Trivant Custom Portfolio Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 127 shares during the last quarter. Wayfinding Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Wood Tarver Financial Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $37,000. Park Square Financial Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $37,000. Finally, Menard Financial Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $38,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.5%

Shares of IEF stock opened at $96.78 on Monday. The stock has a market cap of $36.01 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18. The firm’s 50 day moving average price is $95.22 and its two-hundred day moving average price is $94.81.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.3141 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.