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

Catalyst Private Wealth LLC reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after buying an additional 610,635 shares in the last quarter. Ameriprise Financial Inc. increased its position 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 worth $1,060,398,000 after acquiring an additional 1,082,837 shares during the period. Raymond James & Associates increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% during the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after acquiring an additional 240,449 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in 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. Finally, Blue Trust Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.5% in the third quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock valued at $468,283,000 after purchasing an additional 168,097 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ IEF traded down $0.35 during trading hours on Tuesday, hitting $93.82. 1,256,282 shares of the company were exchanged, compared to its average volume of 7,703,240. The company has a 50 day moving average of $96.94 and a two-hundred day moving average of $95.16. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $90.68 and a 52-week high of $99.18. The firm 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 Increases Dividend

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