29,796 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by VestGen Advisors LLC

by · The Markets Daily

VestGen Advisors LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 86.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,841 shares of the exchange traded fund’s stock after selling 29,796 shares during the period. VestGen Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $432,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IEF. WestEnd Advisors LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the 3rd quarter. WestEnd Advisors LLC now owns 882,562 shares of the exchange traded fund’s stock valued at $78,823,000 after acquiring an additional 29,929 shares during the last quarter. Semitam Bonam LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 9.3% in the third quarter. Semitam Bonam LLC now owns 30,233 shares of the exchange traded fund’s stock worth $2,700,000 after purchasing an additional 2,574 shares during the last quarter. Roman Butler Fullerton & Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $900,000. Ashton Thomas Securities LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $187,000. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 138,055 shares of the exchange traded fund’s stock worth $12,330,000 after buying an additional 9,897 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $91.50 on Tuesday. The company has a market cap of $43.14 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.64 and a 1 year high of $98.04. The stock’s 50 day simple moving average is $90.86 and its two-hundred day simple moving average is $93.86.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.3115 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, November 2nd.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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.

Further Reading

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