iShares 7-10 Year Treasury Bond ETF $IEF is Blue Trust Inc.’s Largest Position

Blue Trust Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,121,155 shares of the exchange traded fund’s stock after purchasing an additional 168,542 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 6.7% of Blue Trust Inc.’s holdings, making the stock its biggest position. Blue Trust Inc. owned about 1.28% of iShares 7-10 Year Treasury Bond ETF worth $588,610,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IEF. West Paces Advisors Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 7.9% during the 3rd quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock valued at $27,666,000 after acquiring an additional 21,060 shares during the period. Cadence Wealth Management LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% in the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after acquiring an additional 23,819 shares during the period. WestEnd Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 13.9% in the third quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock valued at $72,458,000 after purchasing an additional 91,530 shares in the last quarter. Capital Investment Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $631,000. Finally, Arkos Global Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the 3rd quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock valued at $54,855,000 after purchasing an additional 21,893 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $95.04 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04. The stock’s 50-day simple moving average is $96.20 and its 200 day simple moving average is $96.50. The stock has a market capitalization of $48.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be issued a $0.3172 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.