iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Raised by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,409.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,449 shares of the exchange traded fund’s stock after buying an additional 1,353 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $134,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $25,000. Montag A & Associates Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 160 shares during the last quarter. BankPlus Trust Department bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $31,000. Dunhill Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $38,000. Finally, HM Payson & Co. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $40,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ:IEF opened at $94.56 on Tuesday. The company has a market cap of $32.58 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The business has a 50 day moving average price of $93.33 and a 200 day moving average price of $94.60. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.