26,890 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,973 shares of the exchange traded fund’s stock after selling 26,890 shares during the quarter. 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 reporting period.

Several other hedge funds have also bought and sold shares of the stock. Van ECK Associates Corp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 113 shares in the last quarter. Wetzel Investment Advisors Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the third quarter. Wetzel Investment Advisors Inc. now owns 2,371 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 118 shares in the last quarter. Lockerman Financial Group Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. Lockerman Financial Group Inc. now owns 5,776 shares of the exchange traded fund’s stock worth $516,000 after purchasing an additional 118 shares in the last quarter. CX Institutional grew its holdings in iShares 7-10 Year Treasury Bond ETF by 36.7% in the third quarter. CX Institutional now owns 469 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 126 shares during the period. Finally, West Branch Capital LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 63.3% in the third quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 133 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $91.76 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.64 and a twelve month high of $98.04. The company has a market cap of $43.26 billion, a PE ratio of -22.00 and a beta of 0.26. The company has a 50-day moving average price of $90.88 and a 200 day moving average price of $93.88.

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 issued a $0.3115 dividend. This is an increase 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 annualized dividend and a yield of 4.1%.

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. 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.