Allspring Global Investments Holdings LLC Has $4.65 Million Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Allspring Global Investments Holdings LLC cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 80.9% in the third quarter, HoldingsChannel reports. The fund owned 47,337 shares of the exchange traded fund’s stock after selling 200,000 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,645,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $225,675,000. Ameriprise Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 10.6% during the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after buying an additional 1,082,837 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after buying an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after buying an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% in the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after buying an additional 517,532 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $94.67 on Tuesday. The business’s 50-day simple moving average is $97.32 and its 200-day simple moving average is $95.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $89.48 and a 52 week high of $99.18. The firm has a market cap of $33.54 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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