Corient Private Wealth LLC Sells 19,334 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Corient Private Wealth LLC reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 21.4% in the fourth quarter, HoldingsChannel reports. The firm owned 71,004 shares of the exchange traded fund’s stock after selling 19,334 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,996,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in IEF. Logan Capital Management Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $25,000. Montag A & Associates Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 160 shares during the period. BankPlus Trust Department bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Dunhill Financial LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $38,000. Finally, HM Payson & Co. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $40,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

Shares of NASDAQ:IEF opened at $95.02 on Friday. The stock has a 50 day moving average of $93.58 and a 200 day moving average of $94.57. The company has a market cap of $33.95 billion, a PE ratio of -22.19 and a beta of 0.17. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date 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.