HighTower Advisors LLC Has $46.47 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

HighTower Advisors LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 473,586 shares of the exchange traded fund’s stock after selling 163,639 shares during the period. HighTower Advisors LLC owned 0.13% of iShares 7-10 Year Treasury Bond ETF worth $46,469,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of IEF. Values First Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% during the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after purchasing an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $274,000. Raymond James & Associates boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after purchasing an additional 281,554 shares in the last quarter. Ballentine Partners LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $1,016,000. Finally, CWM LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 109.5% in the 3rd quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after acquiring an additional 70,696 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

IEF opened at $94.98 on Thursday. The stock has a market capitalization of $33.74 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The firm’s fifty day simple moving average is $95.10 and its 200 day simple moving average is $95.42.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be given a $0.292 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend is Monday, December 2nd.

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.