13,268 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 13,268 shares of the exchange traded fund’s stock, valued at approximately $1,227,000.

Other hedge funds have also bought and sold shares of the company. PSI Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 109 shares in the last quarter. J. W. Coons Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% during the third quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after buying an additional 135 shares during the last quarter. Savant Capital LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.2% during the 4th quarter. Savant Capital LLC now owns 4,459 shares of the exchange traded fund’s stock valued at $412,000 after buying an additional 139 shares in the last quarter. Drive Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.0% in the 3rd quarter. Drive Wealth Management LLC now owns 4,924 shares of the exchange traded fund’s stock worth $483,000 after acquiring an additional 144 shares during the last quarter. Finally, Intergy Private Wealth LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% during the 4th quarter. Intergy Private Wealth LLC now owns 2,504 shares of the exchange traded fund’s stock worth $231,000 after acquiring an additional 146 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $92.82 on Wednesday. The firm has a fifty day moving average price of $92.72 and a 200 day moving average price of $95.00. 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 firm has a market cap of $31.98 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm 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 boost 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 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.