Transamerica Financial Advisors Inc. Cuts Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Transamerica Financial Advisors Inc. reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,746 shares of the exchange traded fund’s stock after selling 6,573 shares during the period. Transamerica Financial Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,633,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. WealthTrak Capital Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $3,636,000. Biondo Investment Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% during the 4th quarter. Biondo Investment Advisors LLC now owns 13,015 shares of the exchange traded fund’s stock worth $1,203,000 after acquiring an additional 370 shares in the last quarter. Maridea Wealth Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $534,000. Blair William & Co. IL increased its stake in iShares 7-10 Year Treasury Bond ETF by 26.5% in the 4th quarter. Blair William & Co. IL now owns 15,714 shares of the exchange traded fund’s stock valued at $1,453,000 after purchasing an additional 3,296 shares in the last quarter. Finally, Howe & Rusling Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 54.2% during the fourth quarter. Howe & Rusling Inc. now owns 2,057 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 723 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.8 %

Shares of IEF stock opened at $95.09 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock has a market cap of $32.76 billion, a P/E ratio of -22.19 and a beta of 0.05. The business has a fifty day simple moving average of $93.85 and a 200-day simple moving average of $94.45.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.