Cape Investment Advisory Inc. Purchases 239 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Cape Investment Advisory Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,943 shares of the exchange traded fund’s stock after buying an additional 239 shares during the quarter. Cape Investment Advisory Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $272,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Logan Capital Management Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Montag A & Associates Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 160 shares during the last quarter. BankPlus Trust Department bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $31,000. Hazlett Burt & Watson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $34,000. Finally, Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.5 %

Shares of IEF stock opened at $95.32 on Friday. The stock has a 50-day moving average of $92.80 and a 200-day moving average of $94.84. The stock has a market cap of $33.13 billion, a price-to-earnings ratio of -22.34 and a beta of 0.17. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is an increase 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.