Bogart Wealth LLC Sells 212,558 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Bogart Wealth LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 25.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 627,598 shares of the exchange traded fund’s stock after selling 212,558 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 2.9% of Bogart Wealth LLC’s portfolio, making the stock its 8th biggest position. Bogart Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $61,580,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEF. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $225,675,000. Ameriprise Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Captrust Financial Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after purchasing an additional 662,293 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the period. Finally, LPL Financial LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 17.6% in the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after purchasing an additional 517,532 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF traded up $0.25 during trading on Thursday, reaching $95.14. The company’s stock had a trading volume of 1,924,056 shares, compared to its average volume of 7,691,374. The firm has a market cap of $33.73 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $89.15 and a twelve month high of $99.18. The business’s fifty day moving average price is $97.40 and its 200-day moving average price is $95.01.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.