6,619 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Lido Advisors LLC

Lido Advisors LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,668 shares of the exchange traded fund’s stock after selling 6,619 shares during the period. Lido Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,471,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Windsor Advisory Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $27,000. Compass Financial Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $29,000. Strive Financial Group LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 483.0% during the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 256 shares during the period. West Branch Capital LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 63.3% during the 3rd quarter. West Branch Capital LLC now owns 343 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 133 shares during the period. Finally, Cape Investment Advisory Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $34,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

NASDAQ IEF traded down $0.17 during midday trading on Friday, hitting $90.04. The company had a trading volume of 9,981,991 shares, compared to its average volume of 9,194,782. The company has a market capitalization of $43.62 billion, a PE ratio of -22.00 and a beta of 0.26. The firm has a 50-day moving average price of $90.57 and a 200-day moving average price of $93.64. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.64 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.3115 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $3.74 annualized dividend and a dividend yield of 4.2%.

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. 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.