Leavell Investment Management Inc. Has $5.15 Million Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Leavell Investment Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 66.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,657 shares of the exchange traded fund’s stock after purchasing an additional 22,252 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEF. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $25,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $34,000. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Dunhill Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $38,000. Finally, Rakuten Securities Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 153 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $92.88 on Wednesday. The company has a fifty day moving average price of $92.92 and a 200-day moving average price of $95.09. The firm has a market cap of $32.00 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. 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 Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2964 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.