LFA Lugano Financial Advisors SA Sells 1,924 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

LFA Lugano Financial Advisors SA decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 29,598 shares of the exchange traded fund’s stock after selling 1,924 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.8% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 20th largest holding. LFA Lugano Financial Advisors SA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,736,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock valued at $4,550,389,000 after purchasing an additional 7,566,487 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares 7-10 Year Treasury Bond ETF by 37.5% during the third quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after acquiring an additional 7,579,169 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after buying an additional 15,621,963 shares in the last quarter. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after purchasing an additional 1,612,274 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $725,489,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

iShares 7-10 Year Treasury Bond ETF stock opened at $94.43 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 stock has a 50-day moving average price of $93.19 and a 200 day moving average price of $94.68. The stock has a market cap of $32.53 billion, a PE 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 was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date of this dividend 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.