Prospera Financial Services Inc Has $12.71 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Prospera Financial Services Inc lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 132,688 shares of the exchange traded fund’s stock after selling 23,019 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in IEF. Richards Merrill & Peterson Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $48,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $52,000. Western Pacific Wealth Management LP acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $54,000. LRI Investments LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth about $64,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 141.4% in 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 last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.69 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The company has a 50 day simple moving average of $96.79 and a two-hundred day simple moving average of $95.46. The company has a market capitalization of $40.33 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.3038 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Monday, November 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.