Private Advisor Group LLC Decreases Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Private Advisor Group LLC lessened its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 20.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,108 shares of the exchange traded fund’s stock after selling 22,655 shares during the quarter. Private Advisor Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,685,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Morgan Stanley raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after acquiring an additional 1,636,435 shares during the last quarter. International Assets Investment Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $128,523,000. Synovus Financial Corp boosted its stake in iShares 7-10 Year Treasury Bond ETF by 2,457.4% in the 3rd quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock worth $94,072,000 after buying an additional 986,942 shares during the last quarter. Advance Capital Management Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4,464.2% during the 4th quarter. Advance Capital Management Inc. now owns 885,731 shares of the exchange traded fund’s stock valued at $85,376,000 after acquiring an additional 866,325 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in 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 valued at $627,350,000 after purchasing an additional 804,424 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2 %

Shares of IEF stock traded down $0.19 on Wednesday, reaching $92.59. 364,181 shares of the stock were exchanged, compared to its average volume of 8,688,140. The stock has a market cap of $28.49 billion, a P/E ratio of -21.67 and a beta of 0.17. The firm has a 50 day moving average of $93.24 and a two-hundred day moving average of $93.75. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $100.41.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a $0.2709 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $3.25 annualized dividend and a yield of 3.51%.

iShares 7-10 Year Treasury Bond ETF Company 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.