iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Rathbones Group PLC

Rathbones Group PLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 68.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,171 shares of the exchange traded fund’s stock after selling 8,904 shares during the quarter. Rathbones Group PLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $399,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 16.1% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 14,398 shares of the exchange traded fund’s stock valued at $1,379,000 after buying an additional 1,992 shares during the last quarter. Quadrant Private Wealth Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Quadrant Private Wealth Management LLC now owns 7,816 shares of the exchange traded fund’s stock worth $749,000 after buying an additional 322 shares during the last quarter. Harvest Portfolios Group Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 8.4% during the second quarter. Harvest Portfolios Group Inc. now owns 1,563,900 shares of the exchange traded fund’s stock valued at $149,775,000 after acquiring an additional 120,751 shares during the period. Vestmark Advisory Solutions Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth about $298,000. Finally, Aspect Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 9,256.8% in the 2nd quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 20,365 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 Up 0.3%

NASDAQ IEF opened at $96.86 on Wednesday. The company has a 50-day moving average price of $96.83 and a two-hundred day moving average price of $95.50. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The stock has a market cap of $40.40 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.3038 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 3.8%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.