RPG Investment Advisory LLC Reduces Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

RPG Investment Advisory LLC trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,810 shares of the exchange traded fund’s stock after selling 4,814 shares during the quarter. RPG Investment Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,434,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IEF. Cerity Partners OCIO LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $225,675,000. Ameriprise Financial Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after acquiring an additional 610,635 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after acquiring an additional 517,532 shares in 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 NASDAQ:IEF opened at $93.35 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $90.68 and a 1-year high of $99.18. The business has a fifty day moving average price of $96.51 and a 200-day moving average price of $95.26. The company has a market capitalization of $33.16 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2916 dividend. This represents a $3.50 annualized dividend and a yield of 3.75%. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st.

iShares 7-10 Year Treasury Bond ETF 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.