Larson Financial Group LLC Buys 1,662 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Larson Financial Group LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 101.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,298 shares of the exchange traded fund’s stock after acquiring an additional 1,662 shares during the quarter. Larson Financial Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $305,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $25,000. Montag A & Associates Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 113.5% in 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 period. BankPlus Trust Department bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $31,000. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. Finally, Dunhill Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $38,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $95.05 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The company has a market capitalization of $32.74 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The business has a 50 day simple moving average of $93.11 and a two-hundred day simple moving average of $94.70.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2754 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.