Trustmark Bank Trust Department Sells 14,836 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Trustmark Bank Trust Department decreased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,387 shares of the exchange traded fund’s stock after selling 14,836 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises approximately 1.0% of Trustmark Bank Trust Department’s holdings, making the stock its 20th largest position. Trustmark Bank Trust Department’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $17,059,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bison Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after buying an additional 113,663 shares during the period. StoneX Group Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $213,000. The Manufacturers Life Insurance Company boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after buying an additional 616,905 shares during the period. Ausdal Financial Partners Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 7.7% in the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after buying an additional 913 shares in the last quarter. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.4%

NASDAQ IEF opened at $92.85 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.69 and a twelve month high of $98.04. The business has a 50-day moving average price of $93.50 and a 200-day moving average price of $94.68. The firm has a market cap of $47.11 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.3175 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

iShares 7-10 Year Treasury Bond ETF Company 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.