Capstone Capital Management Ltd Acquires New Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Capstone Capital Management Ltd bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 18,600 shares of the exchange traded fund’s stock, valued at approximately $1,661,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Innova Wealth Partners boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 373.1% during the third quarter. Innova Wealth Partners now owns 24,296 shares of the exchange traded fund’s stock worth $2,170,000 after buying an additional 19,160 shares during the period. Wealth Management Resources Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the third quarter. Wealth Management Resources Inc. now owns 269,444 shares of the exchange traded fund’s stock worth $24,064,000 after buying an additional 9,128 shares during the last quarter. Oregon Pacific Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $290,000. Portfolio Resources Advisor Group Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.0% during the third quarter. Portfolio Resources Advisor Group Inc. now owns 2,457 shares of the exchange traded fund’s stock worth $219,000 after buying an additional 202 shares during the last quarter. Finally, Robinson Value Management Ltd. increased its position in iShares 7-10 Year Treasury Bond ETF by 5.7% in the 3rd quarter. Robinson Value Management Ltd. now owns 20,950 shares of the exchange traded fund’s stock valued at $1,871,000 after acquiring an additional 1,122 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $90.25 on Wednesday. The business has a 50 day simple moving average of $91.19 and a 200-day simple moving average of $93.16. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04. The stock has a market capitalization of $41.52 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.3069 per share. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.68 annualized dividend and a dividend yield of 4.1%.

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.