iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Holdings Lessened by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,217,969 shares of the exchange traded fund’s stock after selling 544,751 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,129,551,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Arete Wealth Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% during the 4th quarter. Arete Wealth Advisors LLC now owns 198,084 shares of the exchange traded fund’s stock valued at $18,316,000 after buying an additional 977 shares during the period. SevenBridge Financial Group LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% during the fourth quarter. SevenBridge Financial Group LLC now owns 33,786 shares of the exchange traded fund’s stock worth $3,138,000 after acquiring an additional 892 shares in the last quarter. OneAscent Financial Services LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $453,000. DKM Wealth Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $484,000. Finally, Private Portfolio Partners LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 1.7% in the fourth quarter. Private Portfolio Partners LLC now owns 192,984 shares of the exchange traded fund’s stock valued at $17,841,000 after purchasing an additional 3,197 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $96.56 on Friday. The company has a market capitalization of $35.79 billion, a PE ratio of -22.63 and a beta of 0.23. 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 business has a 50-day moving average of $94.18 and a 200-day moving average of $94.34.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.3037 per share. This represents a $3.64 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.