ETF Store Inc. Purchases 633 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

ETF Store Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.9% during the fourth quarter, Holdings Channel reports. The fund owned 22,241 shares of the exchange traded fund’s stock after acquiring an additional 633 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.6% of ETF Store Inc.’s holdings, making the stock its 10th largest holding. ETF Store Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in IEF. Logan Capital Management Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. Montag A & Associates Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 160 shares during the period. BankPlus Trust Department acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. Van ECK Associates Corp acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Finally, Dunhill Financial LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during 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 Price Performance

IEF stock opened at $94.81 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The company’s 50 day simple moving average is $93.24 and its 200-day simple moving average is $94.68. The firm has a market capitalization of $32.66 billion, a P/E ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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