iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by MJP Associates Inc. ADV

MJP Associates Inc. ADV trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.7% during the second quarter, HoldingsChannel.com reports. The firm owned 348,060 shares of the exchange traded fund’s stock after selling 9,624 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up approximately 6.8% of MJP Associates Inc. ADV’s portfolio, making the stock its 3rd biggest holding. MJP Associates Inc. ADV’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $32,596,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Carr Financial Group Corp lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 46.2% during the 2nd quarter. Carr Financial Group Corp now owns 26,550 shares of the exchange traded fund’s stock worth $2,486,000 after buying an additional 8,384 shares during the period. Bond & Devick Financial Network Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 24.5% in the second quarter. Bond & Devick Financial Network Inc. now owns 4,281 shares of the exchange traded fund’s stock worth $401,000 after acquiring an additional 842 shares during the period. Gleason Group Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $119,000. Columbus Macro LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 102.9% during the 2nd quarter. Columbus Macro LLC now owns 13,554 shares of the exchange traded fund’s stock valued at $1,274,000 after purchasing an additional 6,874 shares during the period. Finally, Atlas Private Wealth Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 114.5% during the 2nd quarter. Atlas Private Wealth Advisors now owns 376,550 shares of the exchange traded fund’s stock worth $35,266,000 after purchasing an additional 200,991 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF traded up $0.39 during midday trading on Friday, reaching $96.66. The stock had a trading volume of 5,174,878 shares, compared to its average volume of 7,758,228. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $98.58. The company’s 50 day moving average price is $94.60 and its 200 day moving average price is $93.90. The firm has a market cap of $30.12 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.2891 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Thursday, August 1st. This represents a $3.47 annualized dividend and a yield of 3.59%.

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.