iShares 7-10 Year Treasury Bond ETF $IEF Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,672 shares of the exchange traded fund’s stock after buying an additional 1,690 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $830,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after buying an additional 1,333,142 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.5% in the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock valued at $1,182,411,000 after buying an additional 180,171 shares in the last quarter. Raymond James Financial Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% in the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after buying an additional 278,079 shares in the last quarter. Blue Trust Inc. raised its stake 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 buying an additional 326,335 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares 7-10 Year Treasury Bond ETF by 2.9% in the first 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 buying an additional 128,076 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $97.39 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.59. The stock has a market cap of $39.03 billion, a PE ratio of -22.00 and a beta of 0.05. The stock’s fifty day moving average is $96.35 and its two-hundred day moving average is $95.22.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2945 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About iShares 7-10 Year Treasury Bond ETF

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.