WestEnd Advisors LLC Boosts Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

WestEnd Advisors LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 13.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 751,166 shares of the exchange traded fund’s stock after purchasing an additional 91,530 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 1.7% of WestEnd Advisors LLC’s portfolio, making the stock its 15th largest position. WestEnd Advisors LLC owned 0.19% of iShares 7-10 Year Treasury Bond ETF worth $72,458,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IEF. Barings LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 2.2% in the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock worth $61,575,000 after purchasing an additional 13,550 shares during the last quarter. Forefront Wealth Partners LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $2,125,000. Ally Invest Advisors Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.5% during the second quarter. Ally Invest Advisors Inc. now owns 897,827 shares of the exchange traded fund’s stock worth $85,985,000 after buying an additional 12,940 shares during the period. Advyzon Investment Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $498,000. Finally, WBH Advisory Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 73.9% in the 2nd quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock worth $1,770,000 after buying an additional 7,854 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $96.08 on Monday. The stock’s 50 day moving average price is $96.67 and its 200 day moving average price is $96.13. The stock has a market cap of $45.43 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.3127 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, December 19th.

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.