Core Capital Management & Research inc. Invests $3.18 Million in iShares 7-10 Year Treasury Bond ETF $IEF

Core Capital Management & Research inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 34,222 shares of the exchange traded fund’s stock, valued at approximately $3,177,000. iShares 7-10 Year Treasury Bond ETF makes up approximately 1.7% of Core Capital Management & Research inc.’s holdings, making the stock its 22nd biggest holding.

Several other large investors have also recently added to or reduced their stakes in IEF. Bison Wealth LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% in the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares during the period. StoneX Group Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $213,000. The Manufacturers Life Insurance Company lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after acquiring an additional 616,905 shares during the period. Ausdal Financial Partners Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after acquiring an additional 329 shares during the period. Finally, Camarda Financial Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% in the second quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock valued at $1,221,000 after acquiring an additional 913 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 Price Performance

NASDAQ IEF opened at $91.89 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.78 and a 12 month high of $98.04. The firm has a market capitalization of $46.62 billion, a PE ratio of -22.00 and a beta of 0.26. The company’s 50 day simple moving average is $93.13 and its 200 day simple moving average is $94.40.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.332 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.