Commerce Bank Decreases Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Commerce Bank decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,064 shares of the exchange traded fund’s stock after selling 5,614 shares during the period. Commerce Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,519,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.2% in the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock valued at $412,000 after acquiring an additional 139 shares during the last quarter. Intergy Private Wealth LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the fourth quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after purchasing an additional 146 shares during the period. Atomi Financial Group Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock worth $5,097,000 after purchasing an additional 147 shares during the period. Westside Investment Management Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 3rd quarter. Westside Investment Management Inc. now owns 4,375 shares of the exchange traded fund’s stock worth $429,000 after buying an additional 157 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 160 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

IEF opened at $94.68 on Monday. The company’s 50-day moving average price is $94.54 and its 200 day moving average price is $94.01. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The firm has a market cap of $34.64 billion, a price-to-earnings ratio of -22.63 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.3037 dividend. This represents a $3.64 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Tuesday, April 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.