iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 50.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,133 shares of the exchange traded fund’s stock after selling 42,535 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,674,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after buying an additional 9,414,689 shares during the period. Royal Bank of Canada boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 250.4% in the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after acquiring an additional 2,421,315 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $96,223,000. Eastern Bank boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 136.0% in the 3rd quarter. Eastern Bank now owns 1,346,447 shares of the exchange traded fund’s stock worth $120,251,000 after acquiring an additional 775,994 shares during the period. Finally, Moore Capital Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $72,819,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ:IEF opened at $89.71 on Thursday. The company has a market capitalization of $41.42 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50 day moving average of $91.40 and a two-hundred day moving average of $93.29. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.64 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.3069 per share. This represents a $3.68 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

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