iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by DSG Capital Advisors LLC

DSG Capital Advisors LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 33.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 130,995 shares of the exchange traded fund’s stock after selling 66,146 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 1.7% of DSG Capital Advisors LLC’s portfolio, making the stock its 18th biggest holding. DSG Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,699,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IEF. Van ECK Associates Corp lifted its stake in iShares 7-10 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock valued at $96,000 after acquiring an additional 113 shares in the last quarter. Wetzel Investment Advisors Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the third quarter. Wetzel Investment Advisors Inc. now owns 2,371 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 118 shares during the last quarter. Lockerman Financial Group Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. Lockerman Financial Group Inc. now owns 5,776 shares of the exchange traded fund’s stock worth $516,000 after buying an additional 118 shares during the last quarter. CX Institutional raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 36.7% in the third quarter. CX Institutional now owns 469 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 126 shares during the period. Finally, West Branch Capital LLC lifted 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 worth $31,000 after purchasing an additional 133 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $91.01 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04. The stock has a market capitalization of $44.21 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s fifty day moving average is $90.67 and its 200 day moving average is $93.72.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a $0.3115 dividend. The ex-dividend date was Monday, November 2nd. 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%.

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.