Tennessee Valley Asset Management Partners Sells 549 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Tennessee Valley Asset Management Partners decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,245 shares of the exchange traded fund’s stock after selling 549 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 1.0% of Tennessee Valley Asset Management Partners’ holdings, making the stock its 17th biggest position. Tennessee Valley Asset Management Partners’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,222,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IEF. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the 4th quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock valued at $4,550,389,000 after purchasing an additional 7,566,487 shares during the last quarter. Wealthfront Advisers LLC grew its position in 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 purchasing an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at approximately $725,489,000. LPL Financial LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the fourth quarter. LPL Financial LLC now owns 3,702,913 shares of the exchange traded fund’s stock worth $342,334,000 after buying an additional 171,084 shares during the last quarter. Finally, Cerity Partners OCIO LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.9% in the fourth quarter. Cerity Partners OCIO LLC now owns 2,471,275 shares of the exchange traded fund’s stock worth $228,469,000 after buying an additional 22,968 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.02 on Tuesday. The company’s fifty day moving average price is $94.31 and its 200-day moving average price is $93.89. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $99.18. The firm has a market capitalization of $34.04 billion, a PE ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3101 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.72 dividend on an annualized basis and a yield of 3.96%.

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.