iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Moulton Wealth Management Inc.

Moulton Wealth Management Inc. cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 67.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,982 shares of the exchange traded fund’s stock after selling 12,390 shares during the quarter. Moulton Wealth Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $563,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IEF. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $25,000. Windsor Advisory Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $28,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Finally, Capital Investment Counsel Inc purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $31,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.5%

NASDAQ IEF opened at $93.25 on Wednesday. The stock’s 50-day moving average price is $93.88 and its two-hundred day moving average price is $95.02. The company has a market cap of $47.32 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.69 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be issued a $0.3175 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Monday, August 3rd.

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. 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.