iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,581 shares of the exchange traded fund’s stock after purchasing an additional 757 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $331,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of IEF. PFG Advisors increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.4% during the fourth quarter. PFG Advisors now owns 145,245 shares of the exchange traded fund’s stock worth $13,428,000 after acquiring an additional 10,035 shares during the period. Wealthfront Advisers LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during 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 acquiring an additional 15,621,963 shares during the period. Miller Financial Services LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $2,901,000. Global View Capital Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $3,860,000. Finally, King Luther Capital Management Corp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 962.8% during the fourth quarter. King Luther Capital Management Corp now owns 26,581 shares of the exchange traded fund’s stock worth $2,457,000 after acquiring an additional 24,080 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock 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 company’s 50-day simple moving average is $93.44 and its 200-day simple moving average is $94.58. The firm has a market cap of $33.93 billion, a price-to-earnings ratio of -22.19 and a beta of 0.17.

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 given a dividend of $0.2754 per share. 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.