Prime Capital Investment Advisors LLC Sells 324,977 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Prime Capital Investment Advisors LLC trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 81.8% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 72,529 shares of the exchange traded fund’s stock after selling 324,977 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,792,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEF. Tsfg LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% during the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 201 shares during the last quarter. Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $25,000. Innealta Capital LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $28,000. Scarborough Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $32,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $36,000. 81.48% of the stock is owned by institutional investors and hedge funds.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $98.88 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $99.15. The business has a fifty day simple moving average of $96.56 and a 200 day simple moving average of $94.45. The stock has a market cap of $30.81 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.2882 dividend. The ex-dividend date was Tuesday, September 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.