Biondo Investment Advisors LLC Purchases 370 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Biondo Investment Advisors LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,015 shares of the exchange traded fund’s stock after purchasing an additional 370 shares during the period. Biondo Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,203,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IEF. Vontobel Holding Ltd. grew its stake in 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 valued at $238,000 after buying an additional 301 shares in the last quarter. Greatmark Investment Partners Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% in the fourth quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock valued at $3,153,000 after purchasing an additional 625 shares in the last quarter. Beam Wealth Advisors Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.7% in the fourth quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock valued at $3,385,000 after purchasing an additional 1,303 shares in the last quarter. Syntax Research Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.7% during the 4th quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock valued at $4,952,000 after purchasing an additional 6,019 shares during the period. Finally, National Bank of Canada FI lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 458.8% during 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 purchasing an additional 303,636 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 Up 0.8 %

IEF stock opened at $95.09 on Friday. The stock has a 50-day simple moving average of $93.85 and a two-hundred day simple moving average of $94.45. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The firm has a market capitalization of $32.76 billion, a PE ratio of -22.19 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

iShares 7-10 Year Treasury Bond ETF Company 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.