Bellecapital International Ltd. Reduces Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

by · The Cerbat Gem

Bellecapital International Ltd. lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 26.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 3,529 shares of the exchange traded fund’s stock after selling 1,265 shares during the period. Bellecapital International Ltd.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $346,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $225,675,000. Ameriprise Financial Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after purchasing an additional 662,293 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after purchasing an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 17.6% during the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after buying an additional 517,532 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 Trading Down 0.6 %

NASDAQ IEF traded down $0.58 on Monday, reaching $95.36. 1,145,509 shares of the company were exchanged, compared to its average volume of 7,710,723. The business’s fifty day moving average price is $97.53 and its 200 day moving average price is $94.98. The stock has a market capitalization of $33.54 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $89.01 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

(Free Report)

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.

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