iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 741,987 shares of the exchange traded fund’s stock after selling 46,155 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $68,597,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stelac Advisory Services LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 11.2% in the 4th quarter. Stelac Advisory Services LLC now owns 2,790 shares of the exchange traded fund’s stock valued at $258,000 after purchasing an additional 282 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 198,984 shares of the exchange traded fund’s stock valued at $18,396,000 after buying an additional 15,646 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,893 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 343 shares during the period. EverSource Wealth Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 1,409.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,449 shares of the exchange traded fund’s stock worth $134,000 after acquiring an additional 1,353 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 26.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 3,581 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 757 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.81 on Friday. The company has a market cap of $32.66 billion, a P/E ratio of -22.34 and a beta of 0.05. The stock has a 50-day moving average of $93.24 and a two-hundred day moving average of $94.68. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2754 dividend. The ex-dividend date was Monday, March 3rd.

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.