iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by Commerce Bank

Commerce Bank reduced its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,064 shares of the exchange traded fund’s stock after selling 5,614 shares during the quarter. Commerce Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,519,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Logan Capital Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $25,000. Montag A & Associates Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the last quarter. BankPlus Trust Department acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. HM Payson & Co. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $40,000. Finally, Nemes Rush Group LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $42,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ IEF opened at $94.68 on Monday. The stock has a market cap of $34.64 billion, a price-to-earnings ratio of -22.63 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The business has a fifty day moving average of $94.54 and a 200-day moving average of $94.01.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a $0.3037 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.64 annualized dividend and a yield of 3.85%.

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.