iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Beirne Wealth Consulting Services LLC’s 9th Largest Position

Beirne Wealth Consulting Services LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 80,295 shares of the exchange traded fund’s stock after purchasing an additional 334 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for 2.7% of Beirne Wealth Consulting Services LLC’s holdings, making the stock its 9th largest holding. Beirne Wealth Consulting Services LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,425,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IEF. Foundations Investment Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 27.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 32,595 shares of the exchange traded fund’s stock valued at $3,198,000 after purchasing an additional 6,963 shares during the period. Fortis Group Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 72,663.0% in the 3rd quarter. Fortis Group Advisors LLC now owns 39,292 shares of the exchange traded fund’s stock worth $3,855,000 after purchasing an additional 39,238 shares during the period. Graybill Wealth Management LTD. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 55.0% in the third quarter. Graybill Wealth Management LTD. now owns 93,891 shares of the exchange traded fund’s stock worth $9,213,000 after buying an additional 33,306 shares during the period. Traphagen Investment Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 12.9% during the third quarter. Traphagen Investment Advisors LLC now owns 3,929 shares of the exchange traded fund’s stock valued at $386,000 after purchasing an additional 449 shares during the period. Finally, Vicus Capital grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% in the 3rd quarter. Vicus Capital now owns 8,125 shares of the exchange traded fund’s stock worth $797,000 after acquiring an additional 289 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $92.82 on Wednesday. The business’s 50 day moving average price is $92.72 and its 200-day moving average price is $95.00. The firm has a market cap of $31.98 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2964 per share. The ex-dividend date was Monday, February 3rd. This is a positive change 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.