Community Financial Services Group LLC Sells 53,093 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Community Financial Services Group LLC decreased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 12.0% during the 2nd quarter, Holdings Channel reports. The firm owned 389,041 shares of the exchange traded fund’s stock after selling 53,093 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 5.3% of Community Financial Services Group LLC’s investment portfolio, making the stock its biggest holding. Community Financial Services Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $36,582,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 53.8% in the fourth 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 buying an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 acquiring an additional 7,506,518 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 69.8% in 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 acquiring 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 acquiring an additional 2,737,040 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings 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 valued at $956,908,000 after purchasing an additional 495,772 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $92.76 on Tuesday. The company has a market cap of $47.07 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a fifty day moving average price of $93.77 and a two-hundred day moving average price of $94.94. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.69 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.3175 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a 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.