Gray Private Wealth LLC Increases Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Gray Private Wealth LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 184.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,920 shares of the exchange traded fund’s stock after acquiring an additional 4,489 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 0.4% of Gray Private Wealth LLC’s holdings, making the stock its 21st largest position. Gray Private Wealth LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $640,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Logan Capital Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $34,000. Van ECK Associates Corp bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at $35,000. Dunhill Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $38,000. Finally, Rakuten Securities Inc. grew its stake 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 acquiring an additional 153 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $93.14 on Friday. The stock has a market capitalization of $32.09 billion, a P/E 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. The stock’s 50-day simple moving average is $93.00 and its 200 day simple moving average is $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2964 dividend. 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.

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.