Exencial Wealth Advisors LLC Sells 476 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Exencial Wealth Advisors LLC trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,440 shares of the exchange traded fund’s stock after selling 476 shares during the period. Exencial Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $873,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IEF. Steward Partners Investment Advisory LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 20.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 136,154 shares of the exchange traded fund’s stock worth $12,587,000 after purchasing an additional 22,979 shares during the period. Meridian Wealth Management LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 1.1% during the 4th quarter. Meridian Wealth Management LLC now owns 43,420 shares of the exchange traded fund’s stock worth $4,014,000 after purchasing an additional 456 shares during the period. Shared Vision Wealth Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $234,000. Alesco Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $948,000. Finally, SBI Securities Co. Ltd. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $743,000. 81.48% of the stock is owned by institutional investors.

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

IEF opened at $94.56 on Thursday. The stock’s fifty day moving average is $92.97 and its two-hundred day moving average is $94.78. The company has a market capitalization of $32.58 billion, a P/E ratio of -22.34 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2754 per share. The ex-dividend date is 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.