Alesco Advisors LLC Invests $948,000 in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Alesco Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,250 shares of the exchange traded fund’s stock, valued at approximately $948,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $743,000. Jones Financial Companies Lllp increased its position in iShares 7-10 Year Treasury Bond ETF by 68.5% during the fourth quarter. Jones Financial Companies Lllp now owns 45,691 shares of the exchange traded fund’s stock worth $4,224,000 after buying an additional 18,576 shares during the period. Smartleaf Asset Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 11.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 16,387 shares of the exchange traded fund’s stock worth $1,518,000 after buying an additional 1,669 shares during the period. Maia Wealth LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $251,000. Finally, Cape Investment Advisory Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 8.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,943 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 239 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

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

Shares of IEF stock opened at $95.32 on Monday. The business’s 50 day moving average is $92.80 and its two-hundred day moving average is $94.83. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The company has a market capitalization of $33.13 billion, a P/E ratio of -22.34 and a beta of 0.17.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business 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. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 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.