iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by TIAA Trust National Association

TIAA Trust National Association decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 177,427 shares of the exchange traded fund’s stock after selling 17,212 shares during the period. TIAA Trust National Association’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $16,403,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Wealthfront Advisers LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% in the fourth 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. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $725,489,000. JPMorgan Chase & Co. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the fourth 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 period. Finally, Captrust Financial Advisors lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after purchasing an additional 1,612,274 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.63 on Wednesday. The company has a 50-day moving average of $93.71 and a two-hundred day moving average of $94.47. The stock has a market cap of $32.60 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

About iShares 7-10 Year Treasury Bond ETF

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.