iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Sold by WestEnd Advisors LLC

WestEnd Advisors LLC decreased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 33.4% during the 4th quarter, HoldingsChannel reports. The fund owned 756,395 shares of the exchange traded fund’s stock after selling 379,071 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.8% of WestEnd Advisors LLC’s portfolio, making the stock its 13th biggest holding. WestEnd Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $69,929,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after acquiring an additional 21,282,662 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after purchasing an additional 7,579,169 shares during the period. Captrust Financial Advisors increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 23.2% during the 3rd quarter. Captrust Financial Advisors now owns 8,563,295 shares of the exchange traded fund’s stock worth $840,232,000 after purchasing an additional 1,612,274 shares during the last quarter. Bank of Montreal Can raised its holdings in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 3rd quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock valued at $757,694,000 after buying an additional 5,393,398 shares during the period. Finally, Raymond James & Associates boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% during the third quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after buying an additional 240,449 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.14 on Friday. The stock has a market capitalization of $32.09 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The company has a 50 day moving average price of $92.96 and a 200 day moving average price of $95.09.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2964 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.