iShares 7-10 Year Treasury Bond ETF $IEF Position Decreased by MGO One Seven LLC

MGO One Seven LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 75.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,527 shares of the exchange traded fund’s stock after selling 29,000 shares during the period. MGO One Seven LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $851,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. IMC Chicago LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 58.2% during the 2nd quarter. IMC Chicago LLC now owns 55,388 shares of the exchange traded fund’s stock valued at $5,238,000 after purchasing an additional 20,379 shares during the period. Centerline Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $2,636,000. Silverleafe Capital Partners LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $15,876,000. Risk Paradigm Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 8.9% in the second quarter. Risk Paradigm Group LLC now owns 79,693 shares of the exchange traded fund’s stock valued at $7,537,000 after acquiring an additional 6,484 shares in the last quarter. Finally, NorthRock Partners LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 26.4% in the 2nd quarter. NorthRock Partners LLC now owns 662,231 shares of the exchange traded fund’s stock worth $62,627,000 after purchasing an additional 138,149 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

IEF stock traded down $0.11 during mid-day trading on Friday, hitting $91.86. The company had a trading volume of 8,613,787 shares, compared to its average volume of 9,172,454. The company has a 50-day moving average price of $90.73 and a 200 day moving average price of $93.77. 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 $44.63 billion, a price-to-earnings ratio of -22.00 and a beta of 0.27.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a $0.3115 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, November 2nd.

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.