Bailard Inc. Sells 33,045 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Bailard Inc. cut its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 72.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,482 shares of the exchange traded fund’s stock after selling 33,045 shares during the period. Bailard Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,154,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. raised its position in iShares 7-10 Year Treasury Bond ETF by 13.2% during the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 301 shares during the period. Axxcess Wealth Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 62.6% during the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after purchasing an additional 7,508 shares during the period. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $35,000. National Bank of Canada FI raised its position in iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after purchasing an additional 303,636 shares during the period. Finally, First Horizon Advisors Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the fourth quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 648 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.39 on Tuesday. 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’s 50 day simple moving average is $92.87 and its two-hundred day simple moving average is $94.80. The company has a market cap of $32.86 billion, a PE ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.2754 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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.