West Paces Advisors Inc. Trims Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

West Paces Advisors Inc. lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 271,846 shares of the exchange traded fund’s stock after selling 33,294 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 4.3% of West Paces Advisors Inc.’s investment portfolio, making the stock its 7th largest position. West Paces Advisors Inc. owned approximately 0.05% of iShares 7-10 Year Treasury Bond ETF worth $25,708,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock worth $12,965,539,000 after acquiring an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% in the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after acquiring an additional 7,506,518 shares during the period. Bank of America Corp DE boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after acquiring an additional 9,414,689 shares during the last quarter. Morgan Stanley boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 19.1% in the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after acquiring an additional 2,737,040 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after purchasing an additional 495,772 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $92.96 on Thursday. The firm has a market cap of $47.17 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04. The firm has a 50 day moving average price of $93.73 and a two-hundred day moving average price of $94.90.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.3175 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, August 3rd.

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.