Strategy Asset Managers LLC Sells 2,484 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Strategy Asset Managers LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 46.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,911 shares of the exchange traded fund’s stock after selling 2,484 shares during the quarter. Strategy Asset Managers LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $286,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Second Half Financial Partners LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $433,000. Prospera Financial Services Inc increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.5% in the third quarter. Prospera Financial Services Inc now owns 104,620 shares of the exchange traded fund’s stock valued at $10,265,000 after purchasing an additional 17,102 shares in the last quarter. Whalen Wealth Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $1,994,000. Pathstone Holdings LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 581.1% in the 3rd quarter. Pathstone Holdings LLC now owns 50,898 shares of the exchange traded fund’s stock worth $4,994,000 after purchasing an additional 43,425 shares during the last quarter. Finally, Drive Wealth Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock worth $483,000 after buying an additional 144 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

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

IEF stock opened at $93.59 on Thursday. The business has a fifty day moving average of $96.01 and a 200-day moving average of $95.31. The company has a market cap of $33.24 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.2916 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a yield of 3.74%.

iShares 7-10 Year Treasury Bond ETF 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.