Telemus Capital LLC Sells 6,344 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Telemus Capital LLC lowered its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 20.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,398 shares of the exchange traded fund’s stock after selling 6,344 shares during the period. Telemus Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,352,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Morgan Stanley boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after purchasing an additional 1,636,435 shares in the last quarter. UBS Group AG increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.7% in the 3rd quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after acquiring an additional 79,423 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock worth $833,017,000 after purchasing an additional 327,711 shares in the last quarter. Ameriprise Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 13.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after purchasing an additional 804,424 shares in the last quarter. Finally, Raymond James & Associates increased its stake in iShares 7-10 Year Treasury Bond ETF by 9.0% during the 4th quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock worth $614,476,000 after purchasing an additional 527,706 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 Stock Up 0.0 %

NASDAQ:IEF opened at $91.75 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $100.80. The business has a 50 day moving average price of $93.66 and a two-hundred day moving average price of $93.63. The company has a market cap of $28.37 billion, a P/E ratio of -21.49 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.2758 dividend. This represents a $3.31 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend was Monday, April 1st.

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.