World Investment Advisors Trims Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

World Investment Advisors lowered its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 51.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,656 shares of the exchange traded fund’s stock after selling 37,287 shares during the quarter. World Investment Advisors’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,308,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elevated Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $28,000. Asset Dedication LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $94.12 on Monday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The company’s 50-day simple moving average is $94.34 and its 200-day simple moving average is $95.48. The stock has a market capitalization of $47.07 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.3111 per share. The ex-dividend date is Wednesday, July 1st.

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.