VestGen Advisors LLC reduced its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 86.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,841 shares of the exchange traded fund’s stock after selling 29,796 shares during the period. VestGen Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of IEF. Bank of America Corp DE grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st 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 during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after buying an additional 630,060 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares 7-10 Year Treasury Bond ETF by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock valued at $479,282,000 after buying an additional 217,157 shares during the period. Royal Bank of Canada grew its position in iShares 7-10 Year Treasury Bond ETF by 250.4% during the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock valued at $323,377,000 after buying an additional 2,421,315 shares during the period. Finally, Wealthcare Capital Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 1.8% during the second quarter. Wealthcare Capital Management LLC now owns 1,843,045 shares of the exchange traded fund’s stock valued at $174,297,000 after buying an additional 32,242 shares during the period. Institutional investors own 81.48% of the company’s stock.
iShares 7-10 Year Treasury Bond ETF Trading Down 0.3%
IEF opened at $91.50 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.64 and a 1-year high of $98.04. The company has a market capitalization of $43.14 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s 50 day simple moving average is $90.86 and its two-hundred day simple moving average is $93.86.
iShares 7-10 Year Treasury Bond ETF Increases Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be paid a dividend of $0.3115 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date is Monday, November 2nd. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%.
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.
Further Reading
- Five stocks we like better than iShares 7-10 Year Treasury Bond ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AIāThese 5 Stocks Are Getting Paid
Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report).
Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
