iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Carrera Capital Advisors

Carrera Capital Advisors lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 4,191 shares of the exchange traded fund’s stock after selling 1,234 shares during the quarter. Carrera Capital Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $411,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after purchasing an additional 610,635 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after buying an additional 1,082,837 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after buying an additional 240,449 shares during the period. Captrust Financial Advisors boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after buying an additional 662,293 shares during the period. Finally, Blue Trust Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock valued at $468,283,000 after buying an additional 168,097 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

NASDAQ IEF traded down $0.40 during trading hours on Tuesday, reaching $93.54. The company’s stock had a trading volume of 2,281,956 shares, compared to its average volume of 7,784,879. The business has a 50-day simple moving average of $96.66 and a 200 day simple moving average of $95.22. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $90.68 and a 52 week high of $99.18. The stock has a market cap of $33.23 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.