Community Bank N.A. Trims Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Community Bank N.A. trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 69.5% in the 3rd quarter, Holdings Channel reports. The firm owned 2,928 shares of the exchange traded fund’s stock after selling 6,666 shares during the quarter. Community Bank N.A.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $287,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% in the 3rd quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares during the last quarter. Bank of Montreal Can boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after purchasing an additional 5,393,398 shares during the last quarter. Cerity Partners OCIO LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $225,675,000. Captrust Financial Advisors increased its holdings in iShares 7-10 Year Treasury Bond ETF by 23.2% in 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 buying an additional 1,612,274 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the second quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

IEF stock opened at $94.89 on Tuesday. The firm has a 50-day simple moving average of $95.24 and a 200-day simple moving average of $95.41. The stock has a market capitalization of $32.58 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.292 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date is Monday, December 2nd.

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.