Icon Wealth Advisors LLC Sells 1,650 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Icon Wealth Advisors LLC decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,561 shares of the exchange traded fund’s stock after selling 1,650 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $546,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Advisors Asset Management Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 161.8% in the first quarter. Advisors Asset Management Inc. now owns 1,733 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 1,071 shares during the last quarter. Tidal Investments LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $670,000. Transcend Capital Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 4.7% in the 2nd quarter. Transcend Capital Advisors LLC now owns 35,127 shares of the exchange traded fund’s stock worth $3,290,000 after buying an additional 1,576 shares during the last quarter. Marcum Wealth LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $221,000. Finally, Institutional & Family Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.8% during the 2nd quarter. Institutional & Family Asset Management LLC now owns 187,669 shares of the exchange traded fund’s stock valued at $17,575,000 after acquiring an additional 1,525 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

IEF opened at $95.19 on Friday. The stock has a market capitalization of $33.81 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average price of $95.31 and a 200-day moving average price of $95.37. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 dividend on an annualized basis and a yield of 3.68%.

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.