Stratos Wealth Advisors LLC Sells 7,287 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Stratos Wealth Advisors LLC trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 31.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 16,221 shares of the exchange traded fund’s stock after selling 7,287 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,565,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Cornerstone Planning Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 222 shares in the last quarter. Silicon Valley Capital Partners bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $32,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $37,000. Finally, WFA of San Diego LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $40,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.83 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.70 and a 52-week high of $97.77. The stock has a fifty day moving average of $96.18 and a 200 day moving average of $96.38. The firm has a market capitalization of $47.29 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.312 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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.