Axxcess Wealth Management LLC Decreases Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Axxcess Wealth Management LLC decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,990 shares of the exchange traded fund’s stock after selling 291 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,123,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEF. Tsfg LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 314.1% during the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 201 shares during the period. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $25,000. Innealta Capital LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $28,000. Scarborough Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $32,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $36,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1 %

Shares of IEF opened at $98.45 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $99.18. The stock has a market cap of $30.68 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business has a 50-day simple moving average of $96.91 and a two-hundred day simple moving average of $94.58.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

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.