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

Waverly Advisors LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 158,015 shares of the exchange traded fund’s stock after acquiring an additional 6,213 shares during the period. 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 hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in 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 worth $12,965,539,000 after purchasing an additional 47,170,533 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 28.1% during 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 during the period. Bank of America Corp DE raised its position 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 raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% in 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 in the last quarter. Finally, Captrust Financial Advisors lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% in 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 during the period. 81.48% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ IEF opened at $92.16 on Wednesday. The company’s fifty day simple moving average is $93.17 and its 200 day simple moving average is $94.44. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.04 and a 12-month high of $98.04. The firm has a market cap of $46.76 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid 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 yield of 4.3%.

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.