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

BCM Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 30,034 shares of the exchange traded fund’s stock, valued at approximately $2,810,000. iShares 7-10 Year Treasury Bond ETF makes up about 0.6% of BCM Advisors LLC’s holdings, making the stock its 27th largest holding.

A number of other hedge funds have also recently made changes to their positions in IEF. Atria Investments Inc lifted its stake in iShares 7-10 Year Treasury Bond ETF by 35.0% during the 4th quarter. Atria Investments Inc now owns 101,102 shares of the exchange traded fund’s stock valued at $9,347,000 after acquiring an additional 26,189 shares in the last quarter. Assetmark Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 17.7% in the fourth quarter. Assetmark Inc. now owns 274,448 shares of the exchange traded fund’s stock valued at $25,373,000 after purchasing an additional 41,367 shares during the last quarter. Triad Wealth Partners LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $271,000. Victory Capital Management Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.4% during the fourth quarter. Victory Capital Management Inc. now owns 948,112 shares of the exchange traded fund’s stock worth $87,653,000 after purchasing an additional 31,068 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 20.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 136,154 shares of the exchange traded fund’s stock worth $12,587,000 after purchasing an additional 22,979 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $95.09 on Wednesday. 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 $92.92 and a two-hundred day moving average price of $94.78. The firm has a market cap of $32.76 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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