50,206 Shares in iShares 7-10 Year Treasury Bond ETF $IEF Purchased by Sage Private Wealth Group LLC

Sage Private Wealth Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, Holdings Channel.com reports. The fund acquired 50,206 shares of the exchange traded fund’s stock, valued at approximately $4,484,000. iShares 7-10 Year Treasury Bond ETF accounts for 1.5% of Sage Private Wealth Group LLC’s holdings, making the stock its 18th largest holding.

Other institutional investors have also made changes to their positions in the company. Windsor Advisory Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $27,000. Compass Financial Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $29,000. Strive Financial Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 256 shares in the last quarter. West Branch Capital LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 63.3% during the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 133 shares in the last quarter. Finally, Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $33,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $90.23 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.64 and a 12-month high of $98.04. The company has a market capitalization of $41.51 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm’s fifty day moving average price is $91.13 and its 200 day moving average price is $93.12.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.3069 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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.