Hsbc Holdings PLC Reduces Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Hsbc Holdings PLC lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 38.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 573,295 shares of the exchange traded fund’s stock after selling 364,431 shares during the period. Hsbc Holdings PLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $53,689,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Diversify Advisory Services LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth $1,169,000. Orion Portfolio Solutions LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 93.9% in the fourth quarter. Orion Portfolio Solutions LLC now owns 78,333 shares of the exchange traded fund’s stock valued at $7,493,000 after acquiring an additional 37,928 shares during the last quarter. Values First Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 4.4% in the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after acquiring an additional 1,365 shares during the last quarter. MMA Asset Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $205,000. Finally, Johnson Financial Group Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.7% in the fourth quarter. Johnson Financial Group Inc. now owns 28,240 shares of the exchange traded fund’s stock valued at $2,722,000 after acquiring an additional 996 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.0 %

IEF opened at $98.42 on Friday. The stock has a market cap of $30.67 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $99.18. The business’s fifty day simple moving average is $96.98 and its 200 day simple moving average is $94.61.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 7-10 Year Treasury Bond ETF Company 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.