Rakuten Securities Inc. Reduces Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Rakuten Securities Inc. cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 41.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 288 shares of the exchange traded fund’s stock after selling 204 shares during the quarter. Rakuten Securities Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $27,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vontobel Holding Ltd. increased its holdings in shares of 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 valued at $238,000 after acquiring an additional 301 shares during the last quarter. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Beam Wealth Advisors Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock valued at $3,385,000 after acquiring an additional 1,303 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% in the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after acquiring an additional 303,636 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3,410.5% in the 4th quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 648 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of 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 fifty day moving average price of $93.24 and a 200 day moving average price of $94.68. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.