Pinnacle Financial Partners Inc Lowers Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Pinnacle Financial Partners Inc decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,496 shares of the exchange traded fund’s stock after selling 9,597 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Axxcess Wealth Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after acquiring an additional 7,508 shares in the last quarter. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. National Bank of Canada FI boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 458.8% in the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after buying an additional 303,636 shares during the last quarter. Carr Financial Group Corp boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 39.6% in the 3rd quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock worth $3,636,000 after buying an additional 10,502 shares during the last quarter. Finally, Pathstone Holdings LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 581.1% in the 3rd quarter. Pathstone Holdings LLC now owns 50,898 shares of the exchange traded fund’s stock worth $4,994,000 after buying an additional 43,425 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.71 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The stock has a market cap of $32.28 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s 50 day simple moving average is $92.63 and its 200-day simple moving average is $94.91.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

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.