Brookstone Capital Management Cuts Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)



Brookstone Capital Management lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEFFree Report) by 78.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,243 shares of the exchange traded fund’s stock after selling 231,649 shares during the quarter. Brookstone Capital Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in IEF. Tsfg LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 314.1% in the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 201 shares during the last quarter. SouthState Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Islay Capital Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Oakworth Capital Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 215 shares during the period. Finally, Scarborough Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $32,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $97.07 on Friday. The stock has a market capitalization of $30.25 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $98.58. The stock’s 50-day simple moving average is $94.97 and its 200 day simple moving average is $93.97.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.2891 dividend. The ex-dividend date was Thursday, August 1st. This represents a $3.47 annualized dividend and a dividend yield of 3.57%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)



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