iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Fortune Financial Advisors LLC

Fortune Financial Advisors LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,194 shares of the exchange traded fund’s stock after selling 265 shares during the quarter. Fortune Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $983,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $26,000. Nemes Rush Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. CVA Family Office LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. JFS Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $30,000. Finally, Resurgent Financial Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $37,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF traded down $0.21 during mid-day trading on Monday, reaching $92.93. The stock had a trading volume of 7,115,064 shares, compared to its average volume of 8,938,493. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $100.80. The business has a 50 day simple moving average of $94.33 and a 200 day simple moving average of $93.58.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2758 dividend. This represents a $3.31 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend was Monday, April 1st.

About iShares 7-10 Year Treasury Bond ETF

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.