iShares 7-10 Year Treasury Bond ETF $IEF Position Trimmed by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division decreased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.4% during the second quarter, Holdings Channel.com reports. The firm owned 22,215 shares of the exchange traded fund’s stock after selling 17,740 shares during the period. Central Pacific Bank Trust Division’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,101,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Elevated Capital Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $25,000. Windsor Advisory Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $31,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.5%

iShares 7-10 Year Treasury Bond ETF stock opened at $93.25 on Wednesday. The company’s fifty day simple moving average is $93.88 and its 200-day simple moving average is $95.02. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.69 and a 12 month high of $98.04. The stock has a market cap of $47.32 billion, a P/E ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, August 3rd will be given a dividend of $0.3175 per share. The ex-dividend date of this dividend is 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.