Signature Estate & Investment Advisors LLC Has $1.21 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Signature Estate & Investment Advisors LLC cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,336 shares of the exchange traded fund’s stock after selling 822 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,210,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IEF. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $225,675,000. Ameriprise Financial Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Captrust Financial Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after purchasing an additional 662,293 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after purchasing an additional 610,635 shares during the period. Finally, LPL Financial LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 17.6% in the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after purchasing an additional 517,532 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0 %

NASDAQ:IEF opened at $93.32 on Friday. The stock has a market capitalization of $33.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a fifty day simple moving average of $96.32 and a two-hundred day simple moving average of $95.23. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a dividend yield of 3.75%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 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.