HM Payson & Co. Takes Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

HM Payson & Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 433 shares of the exchange traded fund’s stock, valued at approximately $40,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Montag A & Associates Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the last quarter. BankPlus Trust Department acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.7 %

Shares of IEF stock opened at $95.05 on Tuesday. The stock has a market cap of $32.74 billion, a P/E ratio of -22.34 and a beta of 0.05. The stock has a 50 day simple moving average of $93.11 and a 200 day simple moving average of $94.70. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2754 dividend. The ex-dividend date was Monday, March 3rd.

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.