Catalyst Private Wealth LLC Reduces Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Catalyst Private Wealth LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,023 shares of the exchange traded fund’s stock after selling 779 shares during the period. Catalyst Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $395,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Innealta Capital LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $28,000. Hazlett Burt & Watson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $34,000. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $35,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $36,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4 %

Shares of iShares 7-10 Year Treasury Bond ETF stock traded down $0.35 on Tuesday, hitting $93.82. The stock had a trading volume of 1,256,282 shares, compared to its average volume of 7,703,240. The company’s 50 day moving average price is $96.94 and its 200 day moving average price is $95.16. The stock has a market cap of $33.32 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $90.68 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a $0.2916 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Friday, November 1st.

About iShares 7-10 Year Treasury Bond ETF

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.