IPG Investment Advisors LLC Raises Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

IPG Investment Advisors LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 97.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,825 shares of the exchange traded fund’s stock after buying an additional 58,634 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for 2.5% of IPG Investment Advisors LLC’s portfolio, making the stock its 11th biggest holding. IPG Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,985,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% in the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 301 shares in the last quarter. Greatmark Investment Partners Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.9% during the 4th 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 during the period. Beam Wealth Advisors Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after purchasing an additional 1,303 shares in the last quarter. Syntax Research Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 12.7% in the 4th quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock worth $4,952,000 after purchasing an additional 6,019 shares during the period. Finally, National Bank of Canada FI grew 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 valued at $36,308,000 after buying an additional 303,636 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $95.09 on Friday. The company’s fifty day moving average price is $93.85 and its 200-day moving average price is $94.42. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The company 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 business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2754 dividend. The ex-dividend date was Monday, March 3rd.

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.