Smartleaf Asset Management LLC Acquires 1,669 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Smartleaf Asset Management LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 11.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,387 shares of the exchange traded fund’s stock after purchasing an additional 1,669 shares during the quarter. Smartleaf Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Logan Capital Management Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $25,000. Montag A & Associates Inc. increased its position in 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 valued at $28,000 after acquiring an additional 160 shares during the last quarter. BankPlus Trust Department purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $31,000. Hazlett Burt & Watson Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $34,000. Finally, Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $35,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.32 on Monday. The stock has a market cap of $33.13 billion, a PE ratio of -22.34 and a beta of 0.17. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The stock has a fifty day moving average of $92.80 and a 200 day moving average of $94.83.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors 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 boost 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.