Brookstone Capital Management Sells 34,059 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Brookstone Capital Management trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,937 shares of the exchange traded fund’s stock after selling 34,059 shares during the period. Brookstone Capital Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the 3rd quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after buying an additional 30,011,547 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after acquiring an additional 3,291,267 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock valued at $1,236,651,000 after acquiring an additional 375,479 shares during the last quarter. Captrust Financial Advisors grew its position in iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after acquiring an additional 495,772 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 6,175,024 shares of the exchange traded fund’s stock worth $595,643,000 after acquiring an additional 290,351 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.04 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.79 and a 1 year high of $98.04. The stock’s 50 day simple moving average is $96.20 and its two-hundred day simple moving average is $96.50. The company has a market cap of $48.50 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.3172 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28.

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. 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.