First Interstate Bank Has $5.12 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

First Interstate Bank reduced its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,680 shares of the exchange traded fund’s stock after selling 12,165 shares during the period. First Interstate Bank’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,123,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Seelaus Asset Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth about $874,000. Greenwood Capital Associates LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the 1st quarter. Greenwood Capital Associates LLC now owns 70,511 shares of the exchange traded fund’s stock valued at $6,730,000 after acquiring an additional 2,950 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.9% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 43,097 shares of the exchange traded fund’s stock valued at $4,113,000 after acquiring an additional 3,137 shares in the last quarter. Ascent Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $6,932,000. Finally, Richmond Investment Services LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $1,705,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.51 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.94 and a 12-month high of $98.04. The stock has a 50 day moving average price of $94.24 and a two-hundred day moving average price of $95.42. The stock has a market capitalization of $46.76 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

iShares 7-10 Year Treasury Bond ETF 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.