iShares 7-10 Year Treasury Bond ETF $IEF Position Trimmed by CoreCap Advisors LLC

CoreCap Advisors LLC decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 43.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,639 shares of the exchange traded fund’s stock after selling 5,856 shares during the period. CoreCap Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $735,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Mather Group LLC. increased its stake in iShares 7-10 Year Treasury Bond ETF by 311.9% in the 4th quarter. Mather Group LLC. now owns 274,437 shares of the exchange traded fund’s stock valued at $26,390,000 after buying an additional 207,809 shares during the period. Sage Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $770,000. Two West Capital Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.9% during the 4th quarter. Two West Capital Advisors LLC now owns 6,623 shares of the exchange traded fund’s stock valued at $637,000 after buying an additional 702 shares during the period. Stablepoint Partners LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.3% during the 4th quarter. Stablepoint Partners LLC now owns 51,992 shares of the exchange traded fund’s stock valued at $5,000,000 after acquiring an additional 4,405 shares in the last quarter. Finally, Regatta Capital Group LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% during the 4th quarter. Regatta Capital Group LLC now owns 21,909 shares of the exchange traded fund’s stock valued at $2,107,000 after acquiring an additional 243 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.7%

NASDAQ IEF opened at $95.27 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $98.04. The firm’s fifty day simple moving average is $96.21 and its 200-day simple moving average is $96.52. The company has a market capitalization of $46.53 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, March 5th. Shareholders of record on Monday, March 2nd were given a $0.2828 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.