JPMorgan Chase & Co. Trims Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

JPMorgan Chase & Co. lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,743,507 shares of the exchange traded fund’s stock after selling 1,019,975 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.08% of iShares 7-10 Year Treasury Bond ETF worth $2,472,437,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEF. Wealthfront Advisers LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during 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 acquiring an additional 15,621,963 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $725,489,000. Fisher Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 18.2% during the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after purchasing an additional 7,566,487 shares during the last quarter. Captrust Financial Advisors raised its stake in iShares 7-10 Year Treasury Bond ETF by 23.2% during the third quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after purchasing an additional 1,612,274 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 607.9% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,146,717 shares of the exchange traded fund’s stock worth $112,353,000 after purchasing an additional 984,731 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 Down 0.1 %

Shares of NASDAQ IEF opened at $94.33 on Friday. The stock has a market capitalization of $32.50 billion, a PE ratio of -22.19 and a beta of 0.05. The firm has a fifty day moving average of $93.80 and a 200-day moving average of $94.47. 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 company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given 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.