iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Barings LLC

Barings LLC cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 631,843 shares of the exchange traded fund’s stock after selling 11,101 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 1.2% of Barings LLC’s portfolio, making the stock its 12th biggest holding. Barings LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $60,948,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. West Paces Advisors Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 7.9% in the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after acquiring an additional 21,060 shares in the last quarter. Cadence Wealth Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 19.4% during the 3rd quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after acquiring an additional 23,819 shares in the last quarter. WestEnd Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 13.9% in the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after purchasing an additional 91,530 shares during the last quarter. Capital Investment Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $631,000. Finally, Forefront Wealth Partners LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $2,125,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $97.09 on Friday. The stock has a market capitalization of $47.42 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $97.77. The company’s 50-day simple moving average is $96.28 and its 200-day simple moving average is $96.46.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.