Amundi Sells 146,000 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Amundi decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 85.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,500 shares of the exchange traded fund’s stock after selling 146,000 shares during the quarter. Amundi’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,254,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $25,000. Montag A & Associates Inc. raised its position 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 worth $28,000 after acquiring an additional 160 shares in the last quarter. BankPlus Trust Department bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $31,000. Dunhill Financial LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $38,000. Finally, HM Payson & Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $40,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.56 on Tuesday. The company has a market capitalization of $32.58 billion, a PE ratio of -22.34 and a beta of 0.05. The company has a 50-day simple moving average of $93.33 and a two-hundred day simple moving average of $94.60. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, March 3rd.

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.