Gray Private Wealth LLC Has $640,000 Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Gray Private Wealth LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 184.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,920 shares of the exchange traded fund’s stock after purchasing an additional 4,489 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 0.4% of Gray Private Wealth LLC’s investment portfolio, making the stock its 21st biggest position. Gray Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $640,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $34,000. Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $35,000. Dunhill Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $38,000. Finally, Rakuten Securities Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 153 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of IEF stock opened at $93.14 on Friday. The firm has a 50 day moving average of $93.00 and a 200-day moving average of $95.10. The company has a market cap of $32.09 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.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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