Fulton Breakefield Broenniman LLC Sells 453 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Fulton Breakefield Broenniman LLC lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 15,364 shares of the exchange traded fund’s stock after selling 453 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,471,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IEF. Trivant Custom Portfolio Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% in the 1st quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 127 shares during the last quarter. Wayfinding Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $35,000. Morton Brown Family Wealth LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $42,000. Beacon Capital Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 172.9% in the 1st quarter. Beacon Capital Management LLC now owns 554 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 351 shares in the last quarter. Finally, Western Pacific Wealth Management LP bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $54,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $96.38 on Thursday. The company has a market capitalization of $38.47 billion, a PE ratio of -22.00 and a beta of 0.05. The business’s fifty day moving average is $96.14 and its 200 day moving average is $95.11. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.2945 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

About iShares 7-10 Year Treasury Bond ETF

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.