Sigma Planning Corp Sells 33,439 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sigma Planning Corp decreased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 68.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,137 shares of the exchange traded fund’s stock after selling 33,439 shares during the period. Sigma Planning Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,459,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Morgan Stanley raised its position in iShares 7-10 Year Treasury Bond ETF by 11.8% in the third quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock worth $1,414,827,000 after acquiring an additional 1,636,435 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $128,523,000. Synovus Financial Corp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2,457.4% in the third quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock worth $94,072,000 after purchasing an additional 986,942 shares in the last quarter. Advance Capital Management Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4,464.2% in the fourth quarter. Advance Capital Management Inc. now owns 885,731 shares of the exchange traded fund’s stock worth $85,376,000 after purchasing an additional 866,325 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.3% in the third quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock worth $627,350,000 after purchasing an additional 804,424 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $91.75 on Tuesday. The firm has a fifty day moving average price of $93.66 and a 200-day moving average price of $93.63. The stock has a market cap of $28.37 billion, a PE ratio of -21.49 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2758 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.61%.

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.