CPR Investments Inc. Sells 31,412 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

CPR Investments Inc. decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 73.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,406 shares of the exchange traded fund’s stock after selling 31,412 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 0.7% of CPR Investments Inc.’s holdings, making the stock its 25th largest holding. CPR Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,097,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IEF. HUB Investment Partners LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock worth $911,000 after purchasing an additional 104 shares during the last quarter. Spirit of America Management Corp NY increased its stake in iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after buying an additional 105 shares during the period. M3 Advisory Group LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after buying an additional 125 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 23.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock valued at $65,000 after buying an additional 128 shares in the last quarter. Finally, Intergy Private Wealth LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 136 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $94.60 on Friday. The company has a market capitalization of $46.20 billion, a P/E ratio of -22.00 and a beta of 0.26. The company’s 50-day simple moving average is $96.23 and its two-hundred day simple moving average is $96.53. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About iShares 7-10 Year Treasury Bond ETF

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.