iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 570,408 shares of the exchange traded fund’s stock after selling 85,971 shares during the quarter. Commonwealth Equity Services LLC owned about 0.15% of iShares 7-10 Year Treasury Bond ETF worth $54,628,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the first quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after purchasing an additional 1,853,812 shares during the period. Peavine Capital LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $160,837,000. JPMorgan Chase & Co. increased its position in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after acquiring an additional 1,333,142 shares during the period. LPL Financial LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 18.2% during the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after acquiring an additional 673,678 shares in the last quarter. Finally, Summit Financial Consulting LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 9,052.5% during the 2nd quarter. Summit Financial Consulting LLC now owns 554,550 shares of the exchange traded fund’s stock worth $53,109,000 after acquiring an additional 548,491 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $96.69 on Friday. The stock has a market cap of $40.33 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The business has a fifty day moving average of $96.79 and a 200-day moving average of $95.46.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change 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.