iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,324 shares of the exchange traded fund’s stock after buying an additional 2,494 shares during the quarter. IFP Advisors Inc’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,560,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Genesis Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $223,000. Union Bancaire Privee UBP SA purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $92,000. Summit Asset Management LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.9% in the fourth quarter. Summit Asset Management LLC now owns 182,088 shares of the exchange traded fund’s stock valued at $16,834,000 after acquiring an additional 1,694 shares during the period. Benningfield Financial Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $14,912,000. Finally, First Horizon Advisors Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the 4th quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 648 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ IEF opened at $93.91 on Tuesday. The stock has a market capitalization of $32.35 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The firm has a 50-day moving average price of $92.63 and a 200 day moving average price of $94.87.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.