Checchi Capital Advisers LLC Raises Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Checchi Capital Advisers LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,564 shares of the exchange traded fund’s stock after purchasing an additional 741 shares during the quarter. Checchi Capital Advisers LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,069,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Montag A & Associates Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth 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 in the last quarter. BankPlus Trust Department purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $31,000. Hazlett Burt & Watson Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $34,000. Finally, Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth approximately $35,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF opened at $94.91 on Thursday. The firm has a market cap of $32.70 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock has a 50 day simple moving average of $92.65 and a two-hundred day simple moving average of $94.85. 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 announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2964 dividend. 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 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.