Blue Edge Capital LLC Decreases Position in iShares 7-10 Year Treasury Bond ETF $IEF

Blue Edge Capital LLC cut its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 97.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 10,144 shares of the exchange traded fund’s stock after selling 334,219 shares during the quarter. Blue Edge Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $959,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IEF. Fisher Asset Management LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th 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 period. JPMorgan Chase & Co. increased its position 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 in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after purchasing an additional 9,414,689 shares in the last quarter. Morgan Stanley grew its position 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 in the last quarter. Finally, Captrust Financial Advisors increased its stake 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 worth $956,908,000 after buying an additional 495,772 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.23 on Friday. The stock has a market cap of $47.30 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.69 and a one year high of $98.04. The business’s 50-day simple moving average is $93.53 and its 200 day simple moving average is $94.69.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.3175 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.1%.

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.