JT Stratford LLC Sells 36,739 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

JT Stratford LLC lessened its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 93.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,606 shares of the exchange traded fund’s stock after selling 36,739 shares during the period. JT Stratford LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $251,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% during the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after purchasing an additional 30,011,547 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% in the third quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock valued at $1,236,651,000 after buying an additional 375,479 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock worth $1,094,373,000 after acquiring an additional 434,320 shares during the last quarter. Captrust Financial Advisors raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after acquiring an additional 495,772 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% in the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock worth $574,189,000 after acquiring an additional 359,889 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $96.45 on Friday. The business’s 50 day simple moving average is $96.44 and its 200 day simple moving average is $96.58. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $98.04. The stock has a market capitalization of $47.11 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.