iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 852,233 shares of the exchange traded fund’s stock after selling 43,800 shares during the quarter. Cetera Investment Advisers owned 0.23% of iShares 7-10 Year Treasury Bond ETF worth $81,618,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IEF. JPMorgan Chase & Co. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after purchasing an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock worth $1,191,825,000 after acquiring an additional 46,734 shares during the last quarter. Raymond James Financial Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after buying an additional 278,079 shares in the last quarter. Blue Trust Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 6.2% in the second quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock valued at $535,615,000 after acquiring an additional 326,335 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock valued at $440,362,000 after purchasing an additional 128,076 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $96.44 on Friday. The stock has a market cap of $40.23 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50 day moving average of $96.85 and a 200-day moving average of $95.52. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.08 and a one year high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.3038 per share. This represents a c) annualized dividend and a yield of 3.8%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, November 3rd.

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.