BCM Advisors LLC Has $2.97 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

BCM Advisors LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 54.9% during the first quarter, HoldingsChannel reports. The firm owned 31,461 shares of the exchange traded fund’s stock after selling 38,250 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 0.6% of BCM Advisors LLC’s investment portfolio, making the stock its 29th biggest position. BCM Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,970,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Legacy Wealth Partners LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 159.7% in the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock valued at $2,064,000 after purchasing an additional 13,298 shares during the period. Center For Asset Management LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $954,000. ABLE Financial Group LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 30.7% during the fourth quarter. ABLE Financial Group LLC now owns 22,362 shares of the exchange traded fund’s stock valued at $2,150,000 after buying an additional 5,255 shares during the last quarter. Assetmark Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.3% during the fourth quarter. Assetmark Inc. now owns 1,007,769 shares of the exchange traded fund’s stock valued at $96,907,000 after buying an additional 13,133 shares during the last quarter. Finally, Acropolis Investment Management LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 121.3% in the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock valued at $6,844,000 after buying an additional 39,014 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

IEF stock opened at $93.72 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.94 and a twelve month high of $98.04. The company has a market cap of $47.03 billion, a PE ratio of -22.00 and a beta of 0.26. The business’s 50-day simple moving average is $94.09 and its 200 day simple moving average is $95.31.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

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.