iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Paragon Private Wealth Management LLC

Paragon Private Wealth Management LLC cut its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,756 shares of the exchange traded fund’s stock after selling 5,213 shares during the period. Paragon Private Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tandem Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $933,000. Kornitzer Capital Management Inc. KS increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.1% during the third quarter. Kornitzer Capital Management Inc. KS now owns 13,140 shares of the exchange traded fund’s stock worth $1,267,000 after acquiring an additional 395 shares during the last quarter. James Investment Research Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 6.8% in the third quarter. James Investment Research Inc. now owns 61,548 shares of the exchange traded fund’s stock valued at $5,937,000 after purchasing an additional 3,940 shares during the period. Sovran Advisors LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.6% in the 3rd quarter. Sovran Advisors LLC now owns 45,434 shares of the exchange traded fund’s stock valued at $4,398,000 after purchasing an additional 7,138 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 23,910 shares of the exchange traded fund’s stock worth $2,306,000 after purchasing an additional 1,032 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $96.09 on Tuesday. The firm has a market cap of $45.98 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.08 and a one year high of $97.77. The firm’s 50 day moving average price is $96.46 and its 200-day moving average price is $96.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.3127 dividend. The ex-dividend date was Friday, December 19th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 3.9%.

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. 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.