HighTower Advisors LLC Has $34.82 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

HighTower Advisors LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 360,983 shares of the exchange traded fund’s stock after selling 40,042 shares during the period. HighTower Advisors LLC owned approximately 0.09% of iShares 7-10 Year Treasury Bond ETF worth $34,821,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Spirit of America Management Corp NY lifted its position in iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after acquiring an additional 105 shares in the last quarter. FDx Advisors Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the second quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after purchasing an additional 107 shares in the last quarter. SouthState Corp boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 120 shares during the period. Hantz Financial Services Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% during the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 128 shares during the period. Finally, Intergy Private Wealth LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after buying an additional 136 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $97.20 on Wednesday. The firm has a market cap of $47.47 billion, a PE ratio of -22.00 and a beta of 0.26. The business’s 50 day simple moving average is $96.24 and its 200 day simple moving average is $96.44. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.76 and a 52-week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.312 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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.