Stelac Advisory Services LLC Purchases 282 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stelac Advisory Services LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,790 shares of the exchange traded fund’s stock after acquiring an additional 282 shares during the quarter. Stelac Advisory Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $258,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. Montag A & Associates Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th 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 in the last quarter. BankPlus Trust Department bought a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $31,000. Van ECK Associates Corp purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $35,000. Finally, Dunhill Financial LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $38,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

Shares of IEF opened at $94.43 on Thursday. The company has a market capitalization of $32.53 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The stock has a 50 day moving average of $93.19 and a 200 day moving average of $94.68. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.