Hollencrest Capital Management Lowers Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Hollencrest Capital Management cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 88.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,478 shares of the exchange traded fund’s stock after selling 18,681 shares during the period. Hollencrest Capital Management’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $229,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 13.2% in the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 301 shares in the last quarter. Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. Beam Wealth Advisors Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after acquiring an additional 1,303 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after acquiring an additional 303,636 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the 4th quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock worth $62,000 after acquiring an additional 648 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.43 on Thursday. The stock has a market capitalization of $32.53 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The business’s 50 day simple moving average is $93.19 and its 200-day simple moving average is $94.68.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued 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.