Banco Santander S.A. Has $30.29 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Banco Santander S.A. reduced its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 314,031 shares of the exchange traded fund’s stock after selling 102,322 shares during the period. Banco Santander S.A. owned 0.08% of iShares 7-10 Year Treasury Bond ETF worth $30,291,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $27,000. Balentine LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $29,000. Cornerstone Planning Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares during the period. Silicon Valley Capital Partners bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $32,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $37,000. 81.48% of the stock is owned by institutional investors.

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

Shares of NASDAQ IEF opened at $97.60 on Friday. The firm has a market cap of $47.67 billion, a PE ratio of -22.00 and a beta of 0.26. The company’s fifty day simple moving average is $96.35 and its 200 day simple moving average is $96.51. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.79 and a 12-month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.312 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.8%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.