Waverly Advisors LLC Has $14.94 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

Waverly Advisors LLC increased its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 158,015 shares of the exchange traded fund’s stock after purchasing an additional 6,213 shares during the quarter. Waverly Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,943,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its position in shares of 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 purchasing an additional 47,170,533 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 28.1% in the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after buying an additional 7,506,518 shares in the last quarter. Bank of America Corp DE lifted its position in shares of 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 valued at $2,185,584,000 after acquiring an additional 9,414,689 shares during the period. Morgan Stanley lifted its position in iShares 7-10 Year Treasury Bond ETF by 19.1% during the fourth 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 during the period. Finally, Captrust Financial Advisors lifted its holdings in shares of 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 acquiring an additional 495,772 shares during the period. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1%

NASDAQ IEF opened at $92.16 on Wednesday. The firm’s 50 day simple moving average is $93.17 and its 200 day simple moving average is $94.44. The firm has a market capitalization of $46.76 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.04 and a 1 year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.332 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.