West Paces Advisors Inc. Reduces Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

West Paces Advisors Inc. lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 9.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 212,142 shares of the exchange traded fund’s stock after selling 22,290 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for approximately 5.7% of West Paces Advisors Inc.’s portfolio, making the stock its 6th largest position. West Paces Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $20,448,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IEF. Morgan Stanley grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the third quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after purchasing an additional 1,636,435 shares during the last quarter. CI Private Wealth LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $147,818,000. Barclays PLC grew its position in iShares 7-10 Year Treasury Bond ETF by 100.4% during the second quarter. Barclays PLC now owns 6,218 shares of the exchange traded fund’s stock worth $601,000 after buying an additional 1,449,901 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $128,523,000. Finally, Synovus Financial Corp lifted its stake in iShares 7-10 Year Treasury Bond ETF by 2,457.4% during the third quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock worth $94,072,000 after purchasing an additional 986,942 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 Stock Down 0.4 %

NASDAQ IEF traded down $0.36 on Tuesday, hitting $91.36. 12,019,603 shares of the company’s stock were exchanged, compared to its average volume of 9,101,547. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $100.80. The stock has a 50-day moving average of $93.97 and a 200-day moving average of $93.59.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2758 dividend. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Monday, April 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.