iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by Ascent Group LLC

Ascent Group LLC lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 34.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 16,392 shares of the exchange traded fund’s stock after selling 8,490 shares during the quarter. Ascent Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,464,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its position 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. Royal Bank of Canada increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 250.4% in the first quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after acquiring an additional 2,421,315 shares during the last quarter. AIA Group Ltd lifted its position in iShares 7-10 Year Treasury Bond ETF by 110.5% during the 3rd quarter. AIA Group Ltd now owns 2,842,849 shares of the exchange traded fund’s stock worth $253,895,000 after buying an additional 1,492,322 shares in the last quarter. McElhenny Sheffield Capital Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $96,223,000. Finally, Eastern Bank boosted its position in iShares 7-10 Year Treasury Bond ETF by 136.0% during the third quarter. Eastern Bank now owns 1,346,447 shares of the exchange traded fund’s stock valued at $120,251,000 after acquiring an additional 775,994 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

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

Shares of NASDAQ IEF opened at $91.86 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The firm’s fifty day moving average is $90.73 and its 200 day moving average is $93.77. The company has a market cap of $44.63 billion, a price-to-earnings ratio of -22.00 and a beta of 0.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a $0.3115 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, November 2nd.

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.