iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,197,065 shares of the exchange traded fund’s stock after selling 322,905 shares during the quarter. Truist Financial Corp owned about 0.35% of iShares 7-10 Year Treasury Bond ETF worth $110,669,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. 5T Wealth LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $628,000. Cosner Financial Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.8% during the fourth quarter. Cosner Financial Group LLC now owns 12,864 shares of the exchange traded fund’s stock valued at $1,189,000 after acquiring an additional 223 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.6% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 129,650 shares of the exchange traded fund’s stock valued at $11,986,000 after acquiring an additional 6,900 shares in the last quarter. WBH Advisory Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 34.0% in the 4th quarter. WBH Advisory Inc. now owns 12,346 shares of the exchange traded fund’s stock worth $1,141,000 after buying an additional 3,133 shares during the period. Finally, DDD Partners LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 15.9% in the 4th quarter. DDD Partners LLC now owns 36,288 shares of the exchange traded fund’s stock worth $3,355,000 after buying an additional 4,989 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of NASDAQ:IEF opened at $93.32 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company’s 50 day moving average is $92.75 and its 200 day moving average is $95.02. The company has a market cap of $32.15 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.