Palogic Value Management L.P. Acquires Shares of 37,000 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Palogic Value Management L.P. bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, HoldingsChannel.com reports. The fund bought 37,000 shares of the exchange traded fund’s stock, valued at approximately $3,421,000. iShares 7-10 Year Treasury Bond ETF comprises about 1.3% of Palogic Value Management L.P.’s holdings, making the stock its 21st largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Savant Capital LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.2% during the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock valued at $412,000 after purchasing an additional 139 shares during the last quarter. Intergy Private Wealth LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 6.2% in the 4th quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after buying an additional 146 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.3% during the 4th quarter. Atomi Financial Group Inc. now owns 55,128 shares of the exchange traded fund’s stock valued at $5,097,000 after acquiring an additional 147 shares during the period. Insigneo Advisory Services LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% in the third quarter. Insigneo Advisory Services LLC now owns 3,194 shares of the exchange traded fund’s stock worth $313,000 after acquiring an additional 156 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% during the third quarter. Westside Investment Management Inc. now owns 4,375 shares of the exchange traded fund’s stock valued at $429,000 after purchasing an additional 157 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.8 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.09 on Friday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company has a market cap of $32.76 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. The company’s 50 day moving average is $93.85 and its 200 day moving average is $94.45.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders 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 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.