AMG National Trust Bank Trims Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

AMG National Trust Bank decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,506 shares of the exchange traded fund’s stock after selling 32,644 shares during the quarter. AMG National Trust Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,073,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Cerity Partners OCIO LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $225,675,000. Ameriprise Financial Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after buying an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors increased its stake in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after buying an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in 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 during the period. Finally, LPL Financial LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% in 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 Trading Up 0.0 %

NASDAQ:IEF opened at $93.32 on Monday. The stock has a 50-day moving average price of $96.22 and a 200 day moving average price of $95.26. The stock has a market capitalization of $33.15 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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