Sigma Planning Corp Sells 8,150 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sigma Planning Corp reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 20.4% in the third quarter, Holdings Channel reports. The fund owned 31,858 shares of the exchange traded fund’s stock after selling 8,150 shares during the quarter. Sigma Planning Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,126,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Values First Advisors Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock worth $3,023,000 after purchasing an additional 1,365 shares during the period. Stanley Laman Group Ltd. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter worth $274,000. Raymond James & Associates boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after buying an additional 281,554 shares during the period. Ballentine Partners LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $1,016,000. Finally, CWM LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% in the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after acquiring an additional 70,696 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.20 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18. The firm has a 50-day simple moving average of $96.66 and a two-hundred day simple moving average of $95.22. The company has a market cap of $33.46 billion, a P/E 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 dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This represents a $3.50 dividend on an annualized basis and a yield of 3.71%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.