iShares 7-10 Year Treasury Bond ETF $IEF Shares Sold by World Investment Advisors

World Investment Advisors cut its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 77.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,688 shares of the exchange traded fund’s stock after selling 111,761 shares during the quarter. World Investment Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,130,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IEF. Wayfinding Financial LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $35,000. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $48,000. Western Pacific Wealth Management LP purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at $54,000. LRI Investments LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter valued at $64,000. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 141.4% during the second quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 410 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

Shares of IEF stock opened at $96.81 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.77. The company has a market capitalization of $40.18 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock’s fifty day simple moving average is $96.71 and its 200-day simple moving average is $95.37.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.2945 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, October 1st.

About iShares 7-10 Year Treasury Bond ETF

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.