iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.2% during the third quarter, HoldingsChannel.com reports. The fund owned 8,414,922 shares of the exchange traded fund’s stock after selling 187,988 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $811,703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Grey Fox Wealth Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $27,000. Cornerstone Planning Group LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 249.4% during the third 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 purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $37,000. Finally, WFA of San Diego LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $40,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

iShares 7-10 Year Treasury Bond ETF stock opened at $97.21 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.76 and a twelve month high of $97.77. The stock has a 50 day moving average of $96.20 and a two-hundred day moving average of $96.40. The stock has a market capitalization of $47.48 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.312 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

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. 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.