iShares 7-10 Year Treasury Bond ETF $IEF Stake Decreased by Hilltop Holdings Inc.

Hilltop Holdings Inc. cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 94.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,660 shares of the exchange traded fund’s stock after selling 65,312 shares during the period. Hilltop Holdings Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $349,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $31,000. Finally, McIlrath & Eck LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 882.4% in the fourth quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 300 shares during the period. 81.48% of the stock is owned by institutional investors.

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

Shares of IEF opened at $93.56 on Wednesday. The firm has a 50-day moving average price of $93.97 and a 200 day moving average price of $95.14. The firm has a market capitalization of $47.39 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.76 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.3111 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.