15,119 iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Mather Group LLC.

Mather Group LLC. decreased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 252,867 shares of the exchange traded fund’s stock after selling 15,119 shares during the quarter. Mather Group LLC. owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $22,584,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. WealthSpring Partners LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $559,000. Investment Planning Advisors Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 13.2% in the 3rd quarter. Investment Planning Advisors Inc. now owns 4,421 shares of the exchange traded fund’s stock worth $395,000 after buying an additional 517 shares during the last quarter. ABLE Financial Group LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 6.3% in the 3rd quarter. ABLE Financial Group LLC now owns 31,176 shares of the exchange traded fund’s stock worth $2,784,000 after buying an additional 1,847 shares during the last quarter. Israel Discount Bank of New York increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.7% during the 3rd quarter. Israel Discount Bank of New York now owns 20,206 shares of the exchange traded fund’s stock worth $1,805,000 after buying an additional 1,093 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 9.2% during the 3rd quarter. Focus Financial Network Inc. now owns 443,067 shares of the exchange traded fund’s stock worth $39,570,000 after buying an additional 37,276 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

NASDAQ:IEF opened at $89.71 on Thursday. The stock has a 50 day moving average of $91.40 and a two-hundred day moving average of $93.29. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.64 and a 12 month high of $98.04. The firm has a market cap of $41.42 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.