Cambridge Investment Research Advisors Inc. Lowers Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cambridge Investment Research Advisors Inc. lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 22.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265,194 shares of the exchange traded fund’s stock after selling 78,262 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.09% of iShares 7-10 Year Treasury Bond ETF worth $25,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GoalVest Advisory LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $26,000. Nemes Rush Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. SouthState Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Islay Capital Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Finally, Oakworth Capital Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 215 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1 %

Shares of IEF traded up $0.08 on Friday, reaching $92.84. The stock had a trading volume of 2,315,039 shares, compared to its average volume of 8,329,651. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $98.38. The firm has a market capitalization of $28.45 billion, a PE ratio of -21.67 and a beta of 0.05. The firm has a 50-day moving average of $92.85 and a 200 day moving average of $93.93.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.2709 dividend. This represents a $3.25 annualized dividend and a yield of 3.50%. The ex-dividend date was Wednesday, May 1st.

About iShares 7-10 Year Treasury Bond ETF

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.