Trustmark Bank Trust Department Decreases Position in iShares 7-10 Year Treasury Bond ETF $IEF

Trustmark Bank Trust Department trimmed its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,387 shares of the exchange traded fund’s stock after selling 14,836 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up about 1.0% of Trustmark Bank Trust Department’s portfolio, making the stock its 20th biggest position. Trustmark Bank Trust Department’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Stephens Inc. AR grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.3% during the fourth quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after buying an additional 107 shares during the last quarter. GC Wealth Management RIA LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% in the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after buying an additional 113 shares during the period. Van ECK Associates Corp lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.5% during the 2nd quarter. Van ECK Associates Corp now owns 1,019 shares of the exchange traded fund’s stock worth $96,000 after acquiring an additional 113 shares during the last quarter. KPP Advisory Services LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.5% during the 1st quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock valued at $306,000 after acquiring an additional 138 shares during the period. Finally, Dogwood Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 8.4% during the 2nd quarter. Dogwood Wealth Management LLC now owns 1,866 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 144 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.4%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $92.85 on Friday. The stock’s fifty day moving average is $93.50 and its two-hundred day moving average is $94.68. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.69 and a 52 week high of $98.04. The company has a market capitalization of $47.11 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.3175 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, August 3rd.

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.