iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Price Down 1.2% – Should You Sell?

by · The Cerbat Gem

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Free Report)’s stock price dropped 1.2% during mid-day trading on Wednesday . The company traded as low as $93.61 and last traded at $93.83. Approximately 17,995,196 shares changed hands during mid-day trading, an increase of 114% from the average daily volume of 8,402,739 shares. The stock had previously closed at $94.93.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.6 %

The firm has a market capitalization of $34.54 billion, a price-to-earnings ratio of -22.63 and a beta of 0.05. The firm has a fifty day moving average price of $94.39 and a 200 day moving average price of $94.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.3037 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend was Tuesday, April 1st.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Several large investors have recently made changes to their positions in the business. Vontobel Holding Ltd. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% in the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 301 shares in the last quarter. Greatmark Investment Partners Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after buying an additional 625 shares during the last quarter. Beam Wealth Advisors Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock valued at $3,385,000 after buying an additional 1,303 shares during the period. Syntax Research Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.7% during the fourth quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock valued at $4,952,000 after acquiring an additional 6,019 shares during the period. Finally, First Horizon Advisors Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3,410.5% in the fourth quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 648 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Get Free Report)

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.

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