Invst LLC Lowers Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Invst LLC reduced its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,485 shares of the exchange traded fund’s stock after selling 336 shares during the period. Invst LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after acquiring an additional 610,635 shares during the period. Ameriprise Financial Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 5.1% in the 4th quarter. Fisher Asset Management LLC now owns 9,697,073 shares of the exchange traded fund’s stock worth $934,701,000 after purchasing an additional 467,283 shares during the period. Raymond James & Associates raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.6% during the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after buying an additional 281,554 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after buying an additional 662,293 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF opened at $98.12 on Tuesday. The stock’s 50-day simple moving average is $97.32 and its two-hundred day simple moving average is $94.72. The stock has a market capitalization of $30.57 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 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.