RiverFront Investment Group LLC Sells 371 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

RiverFront Investment Group LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,506 shares of the exchange traded fund’s stock after selling 371 shares during the period. RiverFront Investment Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in IEF. Wealthfront Advisers LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after buying an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $725,489,000. JPMorgan Chase & Co. grew its stake 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 valued at $2,724,153,000 after purchasing an additional 7,579,169 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after purchasing an additional 7,566,487 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake 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 worth $840,232,000 after purchasing an additional 1,612,274 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.8 %

Shares of IEF opened at $95.09 on Friday. The company has a market cap of $32.76 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. The company’s fifty day simple moving average is $93.85 and its 200 day simple moving average is $94.45. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2754 dividend. The ex-dividend date of this dividend 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.