Bailard Inc. Trims Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Bailard Inc. lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.6% during the 4th quarter, Holdings Channel reports. The fund owned 12,482 shares of the exchange traded fund’s stock after selling 33,045 shares during the period. Bailard Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,154,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IEF. Creative Financial Designs Inc. ADV boosted its position in iShares 7-10 Year Treasury Bond ETF by 65.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,180 shares of the exchange traded fund’s stock valued at $214,000 after acquiring an additional 861 shares in the last quarter. Gladstone Institutional Advisory LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $466,000. Farther Finance Advisors LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,550 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 242 shares in the last quarter. Carmichael Hill & Associates Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $56,000. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $35,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.39 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The stock’s fifty day moving average price is $92.87 and its 200 day moving average price is $94.80. The company has a market cap of $32.86 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2754 per share. The ex-dividend date of this dividend is 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.