BCM Advisors LLC Buys Shares of 30,034 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

BCM Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,034 shares of the exchange traded fund’s stock, valued at approximately $2,810,000. iShares 7-10 Year Treasury Bond ETF comprises 0.6% of BCM Advisors LLC’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% in the 4th quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 301 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 62.6% in the third quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after acquiring an additional 7,508 shares during the last quarter. Van ECK Associates Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $35,000. National Bank of Canada FI raised its holdings in iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after purchasing an additional 303,636 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 3,410.5% in 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 Down 0.3 %

IEF opened at $95.09 on Wednesday. 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 fifty day moving average of $92.92 and a 200-day moving average of $94.78. The stock has a market cap of $32.76 billion, a PE ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a dividend of $0.2754 per share. The ex-dividend date is 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.