Independent Family Office LLC Cuts Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Independent Family Office LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 35.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,615 shares of the exchange traded fund’s stock after selling 9,186 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 0.8% of Independent Family Office LLC’s portfolio, making the stock its 22nd largest position. Independent Family Office LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,536,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 18.2% in the fourth 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 in the last quarter. JPMorgan Chase & Co. grew its position in iShares 7-10 Year Treasury Bond ETF by 37.5% in the third 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 in the last quarter. Wealthfront Advisers LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock valued at $1,444,683,000 after buying an additional 15,621,963 shares during the period. Captrust Financial Advisors boosted its position in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after buying an additional 1,612,274 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $725,489,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ IEF opened at $94.56 on Tuesday. The company has a 50-day simple moving average of $93.33 and a two-hundred day simple moving average of $94.60. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm has a market cap of $32.58 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 firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given 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.