Money Concepts Capital Corp Has $5.75 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Money Concepts Capital Corp cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 57.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,256 shares of the exchange traded fund’s stock after selling 80,321 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,751,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Stephens Inc. AR raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after acquiring an additional 107 shares during the period. Fiduciary Alliance LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 110 shares during the period. GC Wealth Management RIA LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after purchasing an additional 113 shares during the period. KPP Advisory Services LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 138 shares during the period. Finally, Balboa Wealth Partners grew its position in iShares 7-10 Year Treasury Bond ETF by 6.1% during the 1st quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 145 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $93.71 on Friday. The firm’s 50 day moving average price is $94.21 and its two-hundred day moving average price is $95.40. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The stock has a market cap of $46.86 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.