Weaver Capital Management LLC Sells 32,266 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Weaver Capital Management LLC trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 98.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 473 shares of the exchange traded fund’s stock after selling 32,266 shares during the quarter. Weaver Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $44,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IEF. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock valued at $4,087,043,000 after purchasing an additional 21,282,662 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after purchasing an additional 7,579,169 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after buying an additional 1,612,274 shares during the period. Bank of Montreal Can lifted its position in iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after buying an additional 5,393,398 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% during the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after buying an additional 240,449 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6 %

Shares of IEF opened at $93.56 on Thursday. The company’s fifty day simple moving average is $93.02 and its 200-day simple moving average is $95.11. The company has a market cap of $32.16 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date is Monday, February 3rd.

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.