iShares 7-10 Year Treasury Bond ETF $IEF Stock Sold by DSG Capital Advisors LLC

DSG Capital Advisors LLC trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 33.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 130,995 shares of the exchange traded fund’s stock after selling 66,146 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 1.7% of DSG Capital Advisors LLC’s investment portfolio, making the stock its 18th largest holding. DSG Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $11,699,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in the 1st 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 purchasing an additional 9,414,689 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after purchasing an additional 630,060 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after purchasing an additional 217,157 shares in the last quarter. Royal Bank of Canada increased its stake in iShares 7-10 Year Treasury Bond ETF by 250.4% during the 1st quarter. Royal Bank of Canada now owns 3,388,286 shares of the exchange traded fund’s stock worth $323,377,000 after purchasing an additional 2,421,315 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,399,251 shares of the exchange traded fund’s stock worth $304,008,000 after buying an additional 73,935 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $91.01 on Wednesday. The company has a market capitalization of $44.21 billion, a P/E ratio of -22.00 and a beta of 0.26. The company’s 50 day moving average price is $90.67 and its two-hundred day moving average price is $93.72. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.3115 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3069. This represents a $3.74 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, November 2nd.

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.