CoreCap Advisors LLC Has $735,000 Position in iShares 7-10 Year Treasury Bond ETF $IEF

CoreCap Advisors LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 43.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,639 shares of the exchange traded fund’s stock after selling 5,856 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $735,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Grey Fox Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $27,000. Asset Dedication LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Balentine LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Finally, Cornerstone Planning Group LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 249.4% during the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $95.27 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.79 and a fifty-two week high of $98.04. The stock’s 50-day moving average is $96.21 and its two-hundred day moving average is $96.52. The firm has a market cap of $46.53 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.2828 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis 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. 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.