Private Trust Co. NA Reduces Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Private Trust Co. NA decreased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.7% in the second quarter, Holdings Channel.com reports. The firm owned 4,058 shares of the exchange traded fund’s stock after selling 387 shares during the period. Private Trust Co. NA’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $389,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wayfinding Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Morton Brown Family Wealth LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth $42,000. Western Pacific Wealth Management LP purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $54,000. LRI Investments LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth $64,000. Finally, Harbor Capital Advisors Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 141.4% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 700 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $97.39 on Monday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.59. The company has a market cap of $39.03 billion, a PE ratio of -22.00 and a beta of 0.05. The business’s 50-day simple moving average is $96.35 and its two-hundred day simple moving average is $95.21.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2945 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.