International Assets Investment Management LLC Sells 1,735 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

International Assets Investment Management LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,248 shares of the exchange traded fund’s stock after selling 1,735 shares during the period. International Assets Investment Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,269,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in IEF. Wayfinding Financial LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $35,000. Morton Brown Family Wealth LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $42,000. Western Pacific Wealth Management LP bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $54,000. LRI Investments LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at about $64,000. Finally, Harbor Capital Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 141.4% during the second quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock valued at $67,000 after acquiring an additional 410 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

Shares of IEF opened at $97.39 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.59. The firm has a market capitalization of $39.03 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. The stock’s 50-day moving average price is $96.35 and its 200 day moving average price is $95.21.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a dividend of $0.2945 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

iShares 7-10 Year Treasury Bond ETF 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.