Coppell Advisory Solutions LLC Purchases New Shares in iShares 7-10 Year Treasury Bond ETF $IEF

Coppell Advisory Solutions LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 24,955 shares of the exchange traded fund’s stock, valued at approximately $2,380,000.

A number of other large investors have also recently made changes to their positions in IEF. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $37,000. WFA of San Diego LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $40,000. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $48,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $52,000. Finally, Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $54,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.19 on Friday. The stock’s fifty day moving average is $96.89 and its 200 day moving average is $95.89. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The firm has a market capitalization of $40.12 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a $0.2884 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.