Banco Santander S.A. Cuts Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Banco Santander S.A. trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.1% during the fourth quarter, HoldingsChannel reports. The fund owned 208,383 shares of the exchange traded fund’s stock after selling 49,121 shares during the quarter. Banco Santander S.A.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $19,265,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. J. W. Coons Advisors LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock worth $1,299,000 after purchasing an additional 135 shares during the period. Savant Capital LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.2% during the fourth quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock worth $412,000 after acquiring an additional 139 shares during the period. Drive Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock worth $483,000 after acquiring an additional 144 shares in the last quarter. Intergy Private Wealth LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 6.2% in the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock valued at $231,000 after acquiring an additional 146 shares during the period. Finally, Atomi Financial Group Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock worth $5,097,000 after purchasing an additional 147 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1 %

Shares of IEF opened at $94.39 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The company has a 50-day simple moving average of $93.06 and a 200-day simple moving average of $94.76. The company has a market capitalization of $32.52 billion, a PE ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date 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.