13,158 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,158 shares of the exchange traded fund’s stock, valued at approximately $1,232,000.

Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in iShares 7-10 Year Treasury Bond ETF by 24.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 169,309 shares of the exchange traded fund’s stock worth $15,856,000 after buying an additional 32,749 shares during the last quarter. AlphaCentric Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 30.1% during the second quarter. AlphaCentric Advisors LLC now owns 4,188 shares of the exchange traded fund’s stock worth $392,000 after buying an additional 968 shares during the period. Patten Group Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 54.4% during the second quarter. Patten Group Inc. now owns 4,779 shares of the exchange traded fund’s stock worth $448,000 after buying an additional 1,683 shares during the last quarter. Systelligence LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 2.3% during the 2nd quarter. Systelligence LLC now owns 99,002 shares of the exchange traded fund’s stock valued at $9,272,000 after acquiring an additional 2,264 shares during the last quarter. Finally, Roger Wittlin Investment Advisory LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $272,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock traded down $0.24 during mid-day trading on Tuesday, hitting $97.43. The stock had a trading volume of 1,189,680 shares, compared to its average volume of 7,522,276. The firm has a market cap of $30.36 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $98.58. The company’s 50-day simple moving average is $95.42 and its 200-day simple moving average is $94.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a dividend of $0.2891 per share. This represents a $3.47 dividend on an annualized basis and a dividend yield of 3.56%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Thursday, August 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.