Family Firm Inc. Increases Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Family Firm Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 30,897 shares of the exchange traded fund’s stock after purchasing an additional 2,461 shares during the quarter. Family Firm Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,857,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $25,000. Montag A & Associates Inc. lifted its stake in 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 acquiring an additional 160 shares during the period. BankPlus Trust Department bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $31,000. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $35,000. Finally, Dunhill Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $38,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $94.48 on Friday. The stock has a market capitalization of $32.55 billion, a P/E ratio of -22.34 and a beta of 0.05. The company’s 50-day simple moving average is $93.28 and its two-hundred day simple moving average is $94.66. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. The ex-dividend date was 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.