Capasso Planning Partners LLC Sells 2,317 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Capasso Planning Partners LLC decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 37.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,913 shares of the exchange traded fund’s stock after selling 2,317 shares during the quarter. Capasso Planning Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $378,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IEF. Grove Bank & Trust acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $36,000. Angeles Wealth Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth $37,000. Resurgent Financial Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $37,000. WFA of San Diego LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $40,000. Finally, Steward Financial Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $45,000. 86.63% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock traded up $0.23 during mid-day trading on Tuesday, hitting $92.89. The company’s stock had a trading volume of 3,440,880 shares, compared to its average volume of 8,924,212. The company’s fifty day simple moving average is $91.24 and its 200-day simple moving average is $94.38. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were issued a $0.249 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a $2.99 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend was Wednesday, November 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.