JFS Wealth Advisors LLC Takes $109,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

JFS Wealth Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,181 shares of the exchange traded fund’s stock, valued at approximately $109,000.

A number of other institutional investors have also bought and sold shares of IEF. Pinnacle Wealth Management Advisory Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.0% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 67,460 shares of the exchange traded fund’s stock valued at $6,237,000 after buying an additional 693 shares in the last quarter. Valmark Advisers Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 22.8% during the fourth quarter. Valmark Advisers Inc. now owns 3,336 shares of the exchange traded fund’s stock valued at $308,000 after acquiring an additional 620 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at $1,227,000. Principal Securities Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 23.4% in the 4th quarter. Principal Securities Inc. now owns 54,069 shares of the exchange traded fund’s stock worth $4,999,000 after purchasing an additional 10,261 shares in the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

Shares of IEF stock opened at $93.32 on Tuesday. The stock has a market capitalization of $32.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The stock’s 50-day moving average price is $92.72 and its 200-day moving average price is $95.00.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company 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 an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date 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.