Renasant Bank Sells 1,429 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Renasant Bank lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 39.4% during the fourth quarter, Holdings Channel reports. The firm owned 2,198 shares of the exchange traded fund’s stock after selling 1,429 shares during the period. Renasant Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $203,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after acquiring an additional 15,621,963 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $725,489,000. JPMorgan Chase & Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% in the third 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 in the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after purchasing an additional 5,393,398 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 Price Performance

IEF stock opened at $94.48 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The stock has a market capitalization of $32.55 billion, a PE ratio of -22.34 and a beta of 0.05. The company’s 50-day moving average is $93.28 and its 200-day moving average is $94.66.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.