SG Americas Securities LLC Sells 56,130 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

SG Americas Securities LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,709 shares of the exchange traded fund’s stock after selling 56,130 shares during the period. SG Americas Securities LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $26,595,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IEF. Silicon Valley Capital Partners purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $37,000. WFA of San Diego LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $40,000. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $48,000. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $52,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

IEF opened at $96.48 on Thursday. The company has a market cap of $45.61 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a fifty day simple moving average of $96.61 and a two-hundred day simple moving average of $96.16. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3127 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 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.