Signature Estate & Investment Advisors LLC Trims Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Signature Estate & Investment Advisors LLC decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,899 shares of the exchange traded fund’s stock after selling 1,437 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IEF. Wealthfront Advisers LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% in 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 purchasing an additional 15,621,963 shares during the period. Raymond James Financial Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $725,489,000. JPMorgan Chase & Co. raised its position in iShares 7-10 Year Treasury Bond ETF by 37.5% in 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 period. Fisher Asset Management LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after acquiring an additional 7,566,487 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock valued at $840,232,000 after acquiring an additional 1,612,274 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 Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.63 on Wednesday. The stock has a market cap of $32.60 billion, a P/E ratio of -22.19 and a beta of 0.05. The stock’s fifty day moving average is $93.71 and its 200 day moving average is $94.47. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year 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. Stockholders of record on Monday, March 3rd were paid a $0.2754 dividend. 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.