iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by Summa Corp.

Summa Corp. reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,500 shares of the exchange traded fund’s stock after selling 430 shares during the period. Summa Corp.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $623,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after buying an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.5% in the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after buying an additional 180,171 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% in the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after buying an additional 278,079 shares during the last quarter. Blue Trust Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% in the second quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock worth $535,615,000 after buying an additional 326,335 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after buying an additional 128,076 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6%

Shares of NASDAQ:IEF opened at $96.91 on Friday. The company has a fifty day simple moving average of $96.19 and a 200 day simple moving average of $95.15. The firm has a market cap of $38.52 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.08 and a 12-month high of $97.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2945 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

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.