AE Wealth Management LLC Lowers Position in iShares 7-10 Year Treasury Bond ETF $IEF

AE Wealth Management LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 30.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,552 shares of the exchange traded fund’s stock after selling 11,349 shares during the period. AE Wealth Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,447,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Richards Merrill & Peterson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $48,000. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $52,000. Western Pacific Wealth Management LP acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $54,000. LRI Investments LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at approximately $64,000. Finally, Harbor Capital Advisors Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 141.4% in the second quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 410 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 Up 0.3%

NASDAQ:IEF opened at $96.86 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The stock’s fifty day moving average is $96.83 and its two-hundred day moving average is $95.50. The stock has a market capitalization of $40.40 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change 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.