iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,197,065 shares of the exchange traded fund’s stock after selling 322,905 shares during the quarter. Truist Financial Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $110,669,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEF. Fisher Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after purchasing an additional 21,282,662 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock valued at $2,724,153,000 after buying an additional 7,579,169 shares in the last quarter. Bank of Montreal Can lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd 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 in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 607.9% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock valued at $112,353,000 after buying an additional 984,731 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

Shares of NASDAQ:IEF opened at $93.32 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market capitalization of $32.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business’s 50 day moving average price is $92.75 and its 200-day moving average price is $95.02.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2964 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 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.