Kestra Advisory Services LLC Sells 35,272 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Kestra Advisory Services LLC lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 308,671 shares of the exchange traded fund’s stock after selling 35,272 shares during the period. Kestra Advisory Services LLC owned 0.09% of iShares 7-10 Year Treasury Bond ETF worth $28,537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after acquiring an additional 7,566,487 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after acquiring an additional 15,621,963 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after acquiring an additional 1,612,274 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $725,489,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $94.48 on Friday. The stock’s fifty day moving average price is $93.28 and its two-hundred day moving average price is $94.64. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a market cap of $32.55 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced 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.

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.