iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by TIAA Trust National Association

TIAA Trust National Association lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 177,427 shares of the exchange traded fund’s stock after selling 17,212 shares during the quarter. TIAA Trust National Association owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $16,403,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IEF. Advisors Asset Management Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 56.8% in the third quarter. Advisors Asset Management Inc. now owns 5,133 shares of the exchange traded fund’s stock valued at $504,000 after purchasing an additional 1,859 shares during the period. Private Trust Co. NA grew its holdings in iShares 7-10 Year Treasury Bond ETF by 15.7% in the 3rd quarter. Private Trust Co. NA now owns 7,404 shares of the exchange traded fund’s stock worth $726,000 after buying an additional 1,002 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in iShares 7-10 Year Treasury Bond ETF by 99.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 628,547 shares of the exchange traded fund’s stock valued at $61,673,000 after acquiring an additional 313,733 shares during the period. D.A. Davidson & CO. raised its stake in iShares 7-10 Year Treasury Bond ETF by 13.5% during the 3rd quarter. D.A. Davidson & CO. now owns 3,709 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 441 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 14.5% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 78,319 shares of the exchange traded fund’s stock worth $7,685,000 after acquiring an additional 9,895 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $94.63 on Wednesday. The stock has a market cap of $32.60 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The business has a fifty day moving average of $93.71 and a 200-day moving average of $94.47.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid 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.