Central Pacific Bank Trust Division Has $2.10 Million Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Central Pacific Bank Trust Division trimmed its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 44.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,215 shares of the exchange traded fund’s stock after selling 17,740 shares during the quarter. Central Pacific Bank Trust Division’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,101,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in IEF. Fisher Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% in the 4th quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after acquiring an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 28.1% in the 4th quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after purchasing an additional 7,506,518 shares during the period. Bank of America Corp DE grew its position in iShares 7-10 Year Treasury Bond ETF by 69.8% during the 1st quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock worth $2,185,584,000 after purchasing an additional 9,414,689 shares in the last quarter. Morgan Stanley grew its position in iShares 7-10 Year Treasury Bond ETF by 19.1% during the 4th quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after purchasing an additional 2,737,040 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after purchasing an additional 495,772 shares in the last quarter. 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%

Shares of NASDAQ:IEF opened at $93.25 on Wednesday. The company’s fifty day moving average is $93.88 and its two-hundred day moving average is $95.02. The company 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 has a 12-month low of $92.69 and a 12-month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.3175 per share. The ex-dividend date is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend 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.