Summit Global Investments Buys 542 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Summit Global Investments raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,297 shares of the exchange traded fund’s stock after buying an additional 542 shares during the period. Summit Global Investments’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $952,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. increased its holdings 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 worth $238,000 after buying an additional 301 shares during the last quarter. Greatmark Investment Partners Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock worth $3,153,000 after buying an additional 625 shares during the last quarter. Beam Wealth Advisors Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after buying an additional 1,303 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% in 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 buying an additional 303,636 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its stake 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 valued at $62,000 after purchasing an additional 648 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $95.02 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock has a market capitalization of $33.95 billion, a price-to-earnings ratio of -22.19 and a beta of 0.17. The company has a fifty day moving average of $93.58 and a 200-day moving average of $94.55.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm 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.