Money Concepts Capital Corp Sells 34,249 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Money Concepts Capital Corp cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 140,577 shares of the exchange traded fund’s stock after selling 34,249 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 0.8% of Money Concepts Capital Corp’s portfolio, making the stock its 22nd largest holding. Money Concepts Capital Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,518,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IEF. Bison Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 115.6% in the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after acquiring an additional 113,663 shares during the period. StoneX Group Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $213,000. The Manufacturers Life Insurance Company raised its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares during the period. Ausdal Financial Partners Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 7.5% in the second quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after acquiring an additional 913 shares during the period. 81.48% of the stock is currently owned by institutional investors.

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

IEF opened at $94.64 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $93.03 and a 1-year high of $98.04. The company has a market capitalization of $48.28 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s 50 day simple moving average is $95.57 and its two-hundred day simple moving average is $96.22.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3125 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.0%.

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. 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.