Signature Estate & Investment Advisors LLC Sells 822 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Signature Estate & Investment Advisors LLC lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,336 shares of the exchange traded fund’s stock after selling 822 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd 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 last quarter. Ameriprise Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares during the period. Raymond James & Associates increased its position in iShares 7-10 Year Treasury Bond ETF by 3.8% in the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock valued at $646,346,000 after acquiring an additional 240,449 shares during the period. Captrust Financial Advisors increased its position in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares during the period. Finally, Blue Trust Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 3.5% in the 3rd quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock valued at $468,283,000 after acquiring an additional 168,097 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $93.32 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a 50 day moving average price of $96.32 and a two-hundred day moving average price of $95.23. The stock has a market cap of $33.15 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2916 dividend. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a yield of 3.75%. The ex-dividend date was Friday, November 1st.

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.