Alliancebernstein L.P. Lowers Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Alliancebernstein L.P. cut its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,813,794 shares of the exchange traded fund’s stock after selling 155,658 shares during the period. Alliancebernstein L.P. owned 0.43% of iShares 7-10 Year Treasury Bond ETF worth $174,959,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. HUB Investment Partners LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.1% during the third quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after purchasing an additional 104 shares in the last quarter. Spirit of America Management Corp NY boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after buying an additional 105 shares in the last quarter. M3 Advisory Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 128 shares in the last quarter. Finally, Intergy Private Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 136 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ:IEF opened at $96.02 on Tuesday. The stock has a market capitalization of $46.90 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.79 and a 52 week high of $98.04. The firm has a 50 day moving average of $96.41 and a 200 day moving average of $96.61.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.2828 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.