Central Pacific Bank Trust Division Has $2.49 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Central Pacific Bank Trust Division trimmed its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 26.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,880 shares of the exchange traded fund’s stock after selling 9,475 shares during the quarter. Central Pacific Bank Trust Division’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,489,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Balentine LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Asset Dedication LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. Finally, Cornerstone Planning Group LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 222 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.88 on Friday. The stock’s fifty day moving average is $96.36 and its 200-day moving average is $96.58. The stock has a market capitalization of $46.34 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.79 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2828 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.