Financial & Tax Architects LLC Reduces Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Financial & Tax Architects LLC reduced its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 97.9% during the second quarter, HoldingsChannel reports. The firm owned 4,171 shares of the exchange traded fund’s stock after selling 194,433 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $394,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IEF. Fisher Asset Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% during the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after purchasing an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after buying an additional 7,506,518 shares in the last quarter. Bank of America Corp DE lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 69.8% in the 1st 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 buying an additional 9,414,689 shares in the last quarter. Morgan Stanley boosted its position in iShares 7-10 Year Treasury Bond ETF by 19.1% in the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock valued at $1,638,535,000 after buying an additional 2,737,040 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in iShares 7-10 Year Treasury Bond ETF by 5.2% in 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 buying an additional 495,772 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.30 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.69 and a 1-year high of $98.04. The company has a market capitalization of $47.34 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a 50-day moving average of $93.71 and a 200-day moving average of $94.88.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a $0.3175 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis 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.