Members Trust Co Sells 398,507 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Members Trust Co lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 24.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,248,991 shares of the exchange traded fund’s stock after selling 398,507 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 4.1% of Members Trust Co’s investment portfolio, making the stock its 9th largest position. Members Trust Co owned approximately 0.34% of iShares 7-10 Year Treasury Bond ETF worth $119,616,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IEF. Jones Financial Companies Lllp lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4,057.3% during the first quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after acquiring an additional 1,853,812 shares during the period. Mutual Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 16,747.0% in the first quarter. Mutual Advisors LLC now owns 1,737,097 shares of the exchange traded fund’s stock valued at $165,389,000 after purchasing an additional 1,726,786 shares during the last quarter. Peavine Capital LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $160,837,000. JPMorgan Chase & Co. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after purchasing an additional 1,333,142 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 18.2% in the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after purchasing an additional 673,678 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

NASDAQ IEF opened at $97.70 on Wednesday. The stock has a 50-day simple moving average of $96.44 and a 200 day simple moving average of $95.24. The company has a market capitalization of $39.24 billion, a PE ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.