Cosner Financial Group LLC Sells 214 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Cosner Financial Group LLC trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,306 shares of the exchange traded fund’s stock after selling 214 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 0.7% of Cosner Financial Group LLC’s investment portfolio, making the stock its 21st largest holding. Cosner Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,179,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Wayfinding Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during 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 worth about $42,000. Richards Merrill & Peterson Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $48,000. Western Pacific Wealth Management LP bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $54,000. Finally, LRI Investments LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $64,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

IEF stock opened at $97.49 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.77. The firm has a market cap of $40.13 billion, a P/E ratio of -22.00 and a beta of 0.05. The company’s 50-day moving average price is $96.56 and its two-hundred day moving average price is $95.29.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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