Benningfield Financial Advisors LLC Acquires New Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Benningfield Financial Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 161,295 shares of the exchange traded fund’s stock, valued at approximately $14,912,000. iShares 7-10 Year Treasury Bond ETF comprises about 14.6% of Benningfield Financial Advisors LLC’s investment portfolio, making the stock its 4th largest position.

A number of other institutional investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the fourth quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 648 shares during the last quarter. Matauro LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $47,478,000. Boyd Watterson Asset Management LLC OH raised its holdings in iShares 7-10 Year Treasury Bond ETF by 6.3% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 4,281 shares of the exchange traded fund’s stock valued at $396,000 after buying an additional 252 shares in the last quarter. VisionPoint Advisory Group LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 23.7% during the fourth quarter. VisionPoint Advisory Group LLC now owns 1,626 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 312 shares in the last quarter. Finally, Crumly & Associates Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 38.0% during the fourth quarter. Crumly & Associates Inc. now owns 3,733 shares of the exchange traded fund’s stock valued at $345,000 after buying an additional 1,027 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 Price Performance

NASDAQ IEF opened at $93.71 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The stock’s 50-day moving average is $92.63 and its two-hundred day moving average is $94.90. The firm has a market cap of $32.28 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2964 per share. This is a positive change 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 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.