iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. lessened its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,973 shares of the exchange traded fund’s stock after selling 26,890 shares during the period. Sage Advisory Services Ltd.Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $891,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in 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 last quarter. Envestnet Asset Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% during 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 period. Northwestern Mutual Wealth Management Co. boosted its stake 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 worth $479,282,000 after buying an additional 217,157 shares during the period. Royal Bank of Canada increased 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 acquiring an additional 2,421,315 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,399,251 shares of the exchange traded fund’s stock valued at $304,008,000 after purchasing an additional 73,935 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $91.76 on Monday. The business has a fifty day moving average of $90.88 and a 200 day moving average of $93.88. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.64 and a 52-week high of $98.04. The stock has a market cap of $43.26 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a $0.3115 dividend. 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%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069.

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. 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.