Strategic Financial Concepts LLC Acquires Shares of 13,268 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Strategic Financial Concepts LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 13,268 shares of the exchange traded fund’s stock, valued at approximately $1,227,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Rik Saylor Financial Inc. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth about $639,000. Buck Wealth Strategies LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 363.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 85,572 shares of the exchange traded fund’s stock valued at $7,911,000 after purchasing an additional 67,101 shares in the last quarter. Silver Oak Securities Incorporated boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 56.8% in the fourth quarter. Silver Oak Securities Incorporated now owns 31,287 shares of the exchange traded fund’s stock valued at $2,898,000 after purchasing an additional 11,332 shares in the last quarter. Financial Advocates Investment Management increased its stake in iShares 7-10 Year Treasury Bond ETF by 30.8% in the fourth quarter. Financial Advocates Investment Management now owns 13,091 shares of the exchange traded fund’s stock valued at $1,210,000 after purchasing an additional 3,086 shares during the last quarter. Finally, Vision Capital Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.9% during the fourth quarter. Vision Capital Management Inc. now owns 33,630 shares of the exchange traded fund’s stock worth $3,109,000 after purchasing an additional 3,586 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.0 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.12 on Tuesday. 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 has a market cap of $32.08 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The company has a fifty day simple moving average of $92.96 and a 200-day simple moving average of $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.