RPG Investment Advisory LLC Sells 4,814 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

RPG Investment Advisory LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.3% during the third quarter, Holdings Channel reports. The institutional investor owned 24,810 shares of the exchange traded fund’s stock after selling 4,814 shares during the period. RPG Investment Advisory LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,434,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in IEF. Oppenheimer & Co. Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 13.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 8,575 shares of the exchange traded fund’s stock valued at $812,000 after buying an additional 985 shares in the last quarter. US Bancorp DE raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.1% during the 1st quarter. US Bancorp DE now owns 156,039 shares of the exchange traded fund’s stock worth $14,771,000 after acquiring an additional 13,039 shares in the last quarter. TTP Investments Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 73.8% during the 1st quarter. TTP Investments Inc. now owns 261,230 shares of the exchange traded fund’s stock worth $24,728,000 after acquiring an additional 110,896 shares in the last quarter. Midwest Professional Planners LTD. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.7% during the 1st quarter. Midwest Professional Planners LTD. now owns 15,231 shares of the exchange traded fund’s stock worth $1,442,000 after acquiring an additional 819 shares in the last quarter. Finally, HBK Sorce Advisory LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 24.4% during the 1st quarter. HBK Sorce Advisory LLC now owns 5,093 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 999 shares in the last quarter. 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 IEF opened at $93.35 on Wednesday. The stock has a market capitalization of $33.16 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. 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’s 50 day simple moving average is $96.51 and its 200-day simple moving average is $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared 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. This represents a $3.50 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change 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.