TAP Consulting LLC Acquires 4,110 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

TAP Consulting LLC grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 73,107 shares of the exchange traded fund’s stock after purchasing an additional 4,110 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 1.4% of TAP Consulting LLC’s holdings, making the stock its 17th largest holding. TAP Consulting LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. FreeGulliver LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 9.7% during the fourth quarter. FreeGulliver LLC now owns 41,699 shares of the exchange traded fund’s stock worth $3,855,000 after acquiring an additional 3,675 shares in the last quarter. Horizon Investments LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% in the 4th quarter. Horizon Investments LLC now owns 1,858 shares of the exchange traded fund’s stock valued at $171,000 after purchasing an additional 217 shares during the period. Thrivent Financial for Lutherans lifted its stake in iShares 7-10 Year Treasury Bond ETF by 241.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 83,214 shares of the exchange traded fund’s stock valued at $7,698,000 after purchasing an additional 58,827 shares during the last quarter. Custos Family Office LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 5.6% in the 4th quarter. Custos Family Office LLC now owns 76,375 shares of the exchange traded fund’s stock valued at $7,061,000 after purchasing an additional 4,038 shares during the last quarter. Finally, Cadence Wealth Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $6,287,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.3 %

NASDAQ:IEF opened at $94.96 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm has a market capitalization of $33.93 billion, a price-to-earnings ratio of -22.19 and a beta of 0.17. The stock’s 50 day moving average price is $93.44 and its two-hundred day moving average price is $94.58.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. 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.