Leavell Investment Management Inc. Has $5.15 Million Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Leavell Investment Management Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 66.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,657 shares of the exchange traded fund’s stock after buying an additional 22,252 shares during the period. Leavell Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,145,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Axxcess Wealth Management LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after acquiring an additional 7,508 shares in the last quarter. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $35,000. National Bank of Canada FI grew its stake in iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after purchasing an additional 303,636 shares during the period. Koshinski Asset Management Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 61.1% in the third quarter. Koshinski Asset Management Inc. now owns 6,751 shares of the exchange traded fund’s stock worth $662,000 after purchasing an additional 2,561 shares in the last quarter. Finally, Stableford Capital II LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 3.8% in the third quarter. Stableford Capital II LLC now owns 43,155 shares of the exchange traded fund’s stock valued at $4,137,000 after buying an additional 1,588 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $92.88 on Wednesday. The stock has a market capitalization of $32.00 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The stock’s 50 day moving average price is $92.92 and its two-hundred day moving average price is $95.09.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors 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.

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.