West Paces Advisors Inc. Has $25.71 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

West Paces Advisors Inc. lowered its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 271,846 shares of the exchange traded fund’s stock after selling 33,294 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises about 4.3% of West Paces Advisors Inc.’s portfolio, making the stock its 7th largest holding. West Paces Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $25,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in IEF. Elevated Capital Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Windsor Advisory Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $28,000. Measured Wealth Private Client Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $29,000. Finally, McIlrath & Eck LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 882.4% in the 4th quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $92.96 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04. The firm has a market cap of $47.17 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average is $93.73 and its 200 day moving average is $94.90.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

About iShares 7-10 Year Treasury Bond ETF

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.