iShares 7-10 Year Treasury Bond ETF $IEF Shares Purchased by WestEnd Advisors LLC

WestEnd Advisors LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 882,562 shares of the exchange traded fund’s stock after purchasing an additional 29,929 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.7% of WestEnd Advisors LLC’s investment portfolio, making the stock its 17th biggest position. WestEnd Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $78,823,000 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 business. Semitam Bonam LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9.3% during the 3rd quarter. Semitam Bonam LLC now owns 30,233 shares of the exchange traded fund’s stock valued at $2,700,000 after purchasing an additional 2,574 shares in the last quarter. Roman Butler Fullerton & Co. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $900,000. Ashton Thomas Securities LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $187,000. Oppenheimer & Co. Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 7.7% in the third quarter. Oppenheimer & Co. Inc. now owns 138,055 shares of the exchange traded fund’s stock worth $12,330,000 after purchasing an additional 9,897 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 11.4% in the third quarter. Park Avenue Securities LLC now owns 120,801 shares of the exchange traded fund’s stock worth $10,789,000 after purchasing an additional 12,349 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0%

Shares of NASDAQ:IEF opened at $91.10 on Wednesday. The stock has a market capitalization of $41.47 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.64 and a 1 year high of $98.04. The firm has a fifty day moving average price of $90.99 and a 200 day moving average price of $93.95.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.3069 dividend. This is a decrease from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Thursday, October 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.