Allspring Global Investments Holdings LLC Sells 59,000 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Allspring Global Investments Holdings LLC trimmed its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 19.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 251,637 shares of the exchange traded fund’s stock after selling 59,000 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.09% of iShares 7-10 Year Treasury Bond ETF worth $24,255,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEF. Morgan Stanley increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock worth $1,414,827,000 after purchasing an additional 1,636,435 shares in the last quarter. CI Private Wealth LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $147,818,000. Barclays PLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 100.4% during the 2nd quarter. Barclays PLC now owns 6,218 shares of the exchange traded fund’s stock worth $601,000 after purchasing an additional 1,449,901 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $128,523,000. Finally, Synovus Financial Corp increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 2,457.4% during the 3rd quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock worth $94,072,000 after purchasing an additional 986,942 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.31 on Friday. The company has a 50-day simple moving average of $94.03 and a 200 day simple moving average of $93.58. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2758 dividend. This represents a $3.31 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend was Monday, April 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.