TSA Wealth Managment LLC Sells 18,327 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

TSA Wealth Managment LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 53.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,855 shares of the exchange traded fund’s stock after selling 18,327 shares during the period. TSA Wealth Managment LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,416,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after purchasing an additional 9,414,689 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after purchasing an additional 630,060 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares 7-10 Year Treasury Bond ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after purchasing an additional 217,157 shares during the last quarter. Royal Bank of Canada raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% during the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after purchasing an additional 2,421,315 shares in the last quarter. Finally, Wealthcare Capital Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.8% during the 2nd quarter. Wealthcare Capital Management LLC now owns 1,843,045 shares of the exchange traded fund’s stock worth $174,297,000 after purchasing an additional 32,242 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of IEF traded down $0.15 during midday trading on Friday, reaching $91.05. 32,715,877 shares of the stock were exchanged, compared to its average volume of 8,988,578. The company has a market cap of $41.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.64 and a 12-month high of $98.04. The firm has a 50 day simple moving average of $91.05 and a 200-day simple moving average of $93.08.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.3069 dividend. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Thursday, October 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.