iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 570,408 shares of the exchange traded fund’s stock after selling 85,971 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $54,628,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. SouthState Corp grew its holdings in iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares during the period. Anchor Capital Advisors LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 42.2% during the 2nd quarter. Anchor Capital Advisors LLC now owns 232,104 shares of the exchange traded fund’s stock valued at $22,229,000 after purchasing an additional 68,881 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 486.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,212 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 1,835 shares during the last quarter. Simplex Trading LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,675,000. Finally, Milestone Asset Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $1,227,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $96.69 on Friday. The stock has a market capitalization of $40.33 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The company has a 50 day moving average price of $96.79 and a 200 day moving average price of $95.46.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.