BCM Advisors LLC Has $2.97 Million Position in iShares 7-10 Year Treasury Bond ETF $IEF

BCM Advisors LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 54.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,461 shares of the exchange traded fund’s stock after selling 38,250 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 0.6% of BCM Advisors LLC’s portfolio, making the stock its 29th largest holding. BCM Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,970,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Fisher Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 53.8% during 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 purchasing an additional 47,170,533 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares 7-10 Year Treasury Bond ETF by 28.1% during the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock worth $3,287,698,000 after buying an additional 7,506,518 shares during the last quarter. Morgan Stanley increased 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 buying an additional 2,737,040 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after buying an additional 495,772 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,487,110 shares of the exchange traded fund’s stock valued at $816,120,000 after buying an additional 72,188 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $93.72 on Friday. The stock has a market capitalization of $47.03 billion, a P/E ratio of -22.00 and a beta of 0.26. The business has a 50-day moving average of $94.09 and a two-hundred day moving average of $95.31. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.3111 dividend. The ex-dividend date was Wednesday, July 1st.

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.