Sage Advisory Services Ltd.Co. Buys 5,599 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Sage Advisory Services Ltd.Co. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 43,764 shares of the exchange traded fund’s stock after acquiring an additional 5,599 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for about 2.4% of Sage Advisory Services Ltd.Co.’s portfolio, making the stock its 14th biggest position. Sage Advisory Services Ltd.Co.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Oppenheimer & Co. Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 12.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 38,886 shares of the exchange traded fund’s stock valued at $3,595,000 after acquiring an additional 4,278 shares in the last quarter. GenTrust LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 308.4% in the 4th quarter. GenTrust LLC now owns 145,559 shares of the exchange traded fund’s stock valued at $13,457,000 after acquiring an additional 109,921 shares in the last quarter. Magnolia Private Wealth LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $658,000. Checchi Capital Advisers LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 6.8% in the 4th quarter. Checchi Capital Advisers LLC now owns 11,564 shares of the exchange traded fund’s stock valued at $1,069,000 after acquiring an additional 741 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 29,217 shares of the exchange traded fund’s stock valued at $2,701,000 after acquiring an additional 860 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $94.80 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock has a market cap of $32.66 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm’s 50-day simple moving average is $92.70 and its 200 day simple moving average is $94.85.

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 paid a $0.2964 dividend. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 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.