Ethos Financial Group LLC Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Ethos Financial Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, Holdings Channel reports. The fund purchased 52,451 shares of the exchange traded fund’s stock, valued at approximately $4,849,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,550 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 242 shares during the last quarter. Van ECK Associates Corp acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Crestwood Advisors Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 16.9% during the 3rd quarter. Crestwood Advisors Group LLC now owns 7,107 shares of the exchange traded fund’s stock worth $697,000 after purchasing an additional 1,028 shares during the last quarter. Focused Wealth Management Inc lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 33.2% during the 3rd quarter. Focused Wealth Management Inc now owns 13,689 shares of the exchange traded fund’s stock worth $1,343,000 after purchasing an additional 3,412 shares during the last quarter. Finally, Crescent Grove Advisors LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 7.0% during the 3rd quarter. Crescent Grove Advisors LLC now owns 3,150 shares of the exchange traded fund’s stock worth $309,000 after purchasing an additional 205 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $94.56 on Thursday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a market capitalization of $32.58 billion, a PE ratio of -22.34 and a beta of 0.05. The stock has a 50-day simple moving average of $92.97 and a 200 day simple moving average of $94.78.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2754 per share. The ex-dividend date of this dividend is Monday, March 3rd.

iShares 7-10 Year Treasury Bond ETF Company 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.