Icon Wealth Advisors LLC Sells 1,650 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Icon Wealth Advisors LLC reduced its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,561 shares of the exchange traded fund’s stock after selling 1,650 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $546,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IEF. Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $25,000. Innealta Capital LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $28,000. Hazlett Burt & Watson Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $34,000. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $36,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

Shares of IEF stock opened at $95.19 on Friday. The stock has a market cap of $33.81 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business’s fifty day moving average is $95.31 and its 200 day moving average is $95.37. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve 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 issued a $0.2916 dividend. This represents a $3.50 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date was Friday, November 1st. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.