Armstrong Advisory Group Inc. Sells 170,703 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Armstrong Advisory Group Inc. reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 87.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,768 shares of the exchange traded fund’s stock after selling 170,703 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,389,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Silicon Valley Capital Partners purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $37,000. WFA of San Diego LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $40,000. Richards Merrill & Peterson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $48,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $52,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ IEF opened at $96.52 on Thursday. The business’s 50 day moving average price is $96.90 and its 200 day moving average price is $95.94. The firm has a market cap of $40.26 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.