Strategy Asset Managers LLC Boosts Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Strategy Asset Managers LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 16.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,392 shares of the exchange traded fund’s stock after purchasing an additional 481 shares during the quarter. Strategy Asset Managers LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $314,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Logan Capital Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth 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 worth $28,000 after purchasing an additional 160 shares during the last quarter. BankPlus Trust Department acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $31,000. Dunhill Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $38,000. Finally, HM Payson & Co. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $40,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $95.09 on Friday. The firm has a market capitalization of $32.76 billion, a P/E ratio of -22.19 and a beta of 0.05. The stock has a 50-day simple moving average of $93.85 and a two-hundred day simple moving average of $94.42. 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.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

iShares 7-10 Year Treasury Bond ETF 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.