Principal Financial Group Inc. Sells 12,081 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Principal Financial Group Inc. lowered its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 71.9% in the first quarter, HoldingsChannel reports. The fund owned 4,724 shares of the exchange traded fund’s stock after selling 12,081 shares during the period. Principal Financial Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $451,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Chicago Partners Investment Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% in the first quarter. Chicago Partners Investment Group LLC now owns 107,332 shares of the exchange traded fund’s stock worth $10,252,000 after purchasing an additional 5,213 shares in the last quarter. Cdkv Holdings LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 3.4% in the first quarter. Cdkv Holdings LLC now owns 29,132 shares of the exchange traded fund’s stock valued at $2,780,000 after purchasing an additional 947 shares in the last quarter. J. Safra Sarasin Holding AG grew its position in iShares 7-10 Year Treasury Bond ETF by 6.4% in the first quarter. J. Safra Sarasin Holding AG now owns 33,165 shares of the exchange traded fund’s stock valued at $3,165,000 after purchasing an additional 1,988 shares in the last quarter. Procyon Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 41.7% in the 1st quarter. Procyon Advisors LLC now owns 52,821 shares of the exchange traded fund’s stock valued at $5,041,000 after buying an additional 15,554 shares during the last quarter. Finally, Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $33,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $92.95 on Friday. The company’s 50-day moving average price is $93.93 and its two-hundred day moving average price is $95.08. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.73 and a one year high of $98.04. The stock has a market capitalization of $47.18 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 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. 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.