FORVIS Wealth Advisors LLC Sells 83,578 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

FORVIS Wealth Advisors LLC cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 95.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,335 shares of the exchange traded fund’s stock after selling 83,578 shares during the quarter. FORVIS Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $410,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Morgan Stanley raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after acquiring an additional 1,636,435 shares during the period. Fisher Asset Management LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.5% during the fourth quarter. Fisher Asset Management LLC now owns 9,734,650 shares of the exchange traded fund’s stock worth $938,323,000 after purchasing an additional 504,860 shares during the period. Raymond James & Associates lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 9.0% during the 4th quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock worth $614,476,000 after purchasing an additional 527,706 shares during the last quarter. Blue Trust Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 6.2% in the 4th quarter. Blue Trust Inc. now owns 4,465,366 shares of the exchange traded fund’s stock valued at $408,982,000 after purchasing an additional 259,802 shares during the period. Finally, Nationwide Fund Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 8.1% in the 1st quarter. Nationwide Fund Advisors now owns 2,834,331 shares of the exchange traded fund’s stock valued at $268,298,000 after buying an additional 212,233 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

IEF stock traded up $0.24 during trading hours on Friday, hitting $93.88. 417,891 shares of the stock were exchanged, compared to its average volume of 7,874,189. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $88.86 and a 12 month high of $97.19. The firm has a market capitalization of $28.51 billion, a P/E ratio of -21.67 and a beta of 0.05. The company has a 50-day simple moving average of $93.17 and a two-hundred day simple moving average of $94.02.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be given a dividend of $0.2851 per share. This represents a $3.42 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Monday, 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.