Atlantic Union Bankshares Corp Cuts Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Atlantic Union Bankshares Corp decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,281 shares of the exchange traded fund’s stock after selling 323 shares during the period. Atlantic Union Bankshares Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $211,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $25,000. Montag A & Associates Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 160 shares in the last quarter. BankPlus Trust Department bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $38,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

NASDAQ IEF opened at $94.39 on Friday. The firm’s fifty day simple moving average is $93.06 and its two-hundred day simple moving average is $94.74. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm has a market capitalization of $32.52 billion, a P/E ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date of this dividend 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.