iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by Mather Group LLC.

Mather Group LLC. decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 252,867 shares of the exchange traded fund’s stock after selling 15,119 shares during the quarter. Mather Group LLC.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $22,584,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IEF. Bank of America Corp DE raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after buying an additional 9,414,689 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after buying an additional 630,060 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.8% in the first quarter. Blue Trust Inc. now owns 6,475,952 shares of the exchange traded fund’s stock worth $618,065,000 after buying an additional 354,797 shares in the last quarter. Captrust Financial Advisors boosted its position in iShares 7-10 Year Treasury Bond ETF by 13.0% during the fourth quarter. Captrust Financial Advisors now owns 5,781,000 shares of the exchange traded fund’s stock worth $555,901,000 after acquiring an additional 666,409 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after acquiring an additional 217,157 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

IEF opened at $89.71 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.64 and a twelve month high of $98.04. The firm has a market capitalization of $41.42 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s 50-day moving average price is $91.40 and its 200 day moving average price is $93.29.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3069 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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.