iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,417 shares of the exchange traded fund’s stock after selling 1,908 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,860,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. 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 purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $42,000. Richards Merrill & Peterson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $48,000. Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $54,000. Finally, LRI Investments LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $64,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $97.49 on Tuesday. The firm has a market capitalization of $40.26 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s fifty day simple moving average is $96.61 and its 200 day simple moving average is $95.31. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a dividend 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.