Dynasty Wealth Management LLC Acquires Shares of 8,157 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Dynasty Wealth Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,157 shares of the exchange traded fund’s stock, valued at approximately $754,000.

Other hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Montag A & Associates Inc. raised its position 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 buying an additional 160 shares in the last quarter. BankPlus Trust Department bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Hazlett Burt & Watson Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $34,000. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth about $35,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.32 on Friday. The company has a market cap of $32.84 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The stock’s 50 day simple moving average is $92.75 and its two-hundred day simple moving average is $94.85.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.