Arvest Investments Inc. Sells 392 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Arvest Investments Inc. lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,307 shares of the exchange traded fund’s stock after selling 392 shares during the quarter. Arvest Investments Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,079,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IEF. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $25,000. Montag A & Associates Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 113.5% in the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 160 shares in the last quarter. BankPlus Trust Department bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $31,000. Dunhill Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $38,000. Finally, HM Payson & Co. bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $40,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

Shares of NASDAQ:IEF opened at $94.96 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock has a market cap of $33.93 billion, a P/E ratio of -22.19 and a beta of 0.17. The business’s 50 day moving average is $93.44 and its 200 day moving average is $94.58.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued 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.