19,465 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by Veridan Wealth LLC

Veridan Wealth LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 19,465 shares of the exchange traded fund’s stock, valued at approximately $1,806,000.

Other large investors also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $25,000. Montag A & Associates Inc. boosted its holdings 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 worth $28,000 after buying an additional 160 shares in the last quarter. BankPlus Trust Department purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $31,000. Hazlett Burt & Watson Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $34,000. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $35,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.1 %

IEF stock opened at $94.80 on Friday. The firm has a 50 day moving average of $92.70 and a 200-day moving average of $94.85. The company has a market cap of $32.66 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced 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. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date of this dividend 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.