Mutual Advisors LLC Sells 6,658 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Mutual Advisors LLC decreased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,528 shares of the exchange traded fund’s stock after selling 6,658 shares during the period. Mutual Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,474,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 7.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 271,568 shares of the exchange traded fund’s stock valued at $25,707,000 after acquiring an additional 19,931 shares during the last quarter. Norden Group LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $511,000. J.W. Cole Advisors Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 287.2% in the 1st quarter. J.W. Cole Advisors Inc. now owns 14,321 shares of the exchange traded fund’s stock worth $1,356,000 after buying an additional 10,622 shares during the last quarter. Private Advisor Group LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 51.7% in the first quarter. Private Advisor Group LLC now owns 136,677 shares of the exchange traded fund’s stock worth $12,938,000 after buying an additional 46,569 shares in the last quarter. Finally, Diversify Advisory Services LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $1,169,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $94.57 on Thursday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $89.56 and a fifty-two week high of $99.18. The firm has a market cap of $33.51 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average price of $97.21 and a 200-day moving average price of $95.09.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date was Tuesday, September 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.