BankPlus Trust Department Invests $31,000 in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

BankPlus Trust Department purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 335 shares of the exchange traded fund’s stock, valued at approximately $31,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IEF. PFG Investments LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 10.1% in the third quarter. PFG Investments LLC now owns 6,195 shares of the exchange traded fund’s stock worth $608,000 after purchasing an additional 567 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 22.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 5,806 shares of the exchange traded fund’s stock worth $570,000 after buying an additional 1,048 shares in the last quarter. Integrated Advisors Network LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 0.3% in the 3rd quarter. Integrated Advisors Network LLC now owns 95,955 shares of the exchange traded fund’s stock worth $9,415,000 after buying an additional 253 shares during the last quarter. MONECO Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 14.9% during the 3rd quarter. MONECO Advisors LLC now owns 2,986 shares of the exchange traded fund’s stock valued at $293,000 after acquiring an additional 388 shares during the period. Finally, Strategic Blueprint LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 30.1% during the 3rd quarter. Strategic Blueprint LLC now owns 12,375 shares of the exchange traded fund’s stock valued at $1,214,000 after acquiring an additional 2,861 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.8 %

IEF opened at $94.65 on Wednesday. The stock has a market capitalization of $32.61 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The firm has a 50 day moving average price of $92.65 and a 200-day moving average price of $94.85. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

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 paid a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

About iShares 7-10 Year Treasury Bond ETF

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.