Rollins Financial Advisors LLC Sells 2,896 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Rollins Financial Advisors LLC reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,437 shares of the exchange traded fund’s stock after selling 2,896 shares during the period. Rollins Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,000,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Richards Merrill & Peterson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $48,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $52,000. Western Pacific Wealth Management LP bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $54,000. LRI Investments LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth about $64,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock worth $67,000 after buying an additional 410 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.0%

iShares 7-10 Year Treasury Bond ETF stock opened at $96.69 on Friday. The firm has a 50 day simple moving average of $96.79 and a 200 day simple moving average of $95.47. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The firm has a market capitalization of $40.33 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a $0.3038 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase 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.