Great Valley Advisor Group Inc. Purchases 1,981 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Great Valley Advisor Group Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.4% in the fourth quarter, HoldingsChannel reports. The firm owned 60,792 shares of the exchange traded fund’s stock after purchasing an additional 1,981 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,621,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Montag A & Associates Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th 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 bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Logan Capital Management Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 70.1% in the fourth quarter. Logan Capital Management Inc. now owns 427 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 176 shares in the last quarter. HM Payson & Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $40,000. Finally, Nemes Rush Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $42,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $93.77 on Monday. The business’s 50 day moving average price is $94.65 and its 200-day moving average price is $93.87. The company has a market cap of $33.94 billion, a P/E ratio of -22.10 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a $0.3134 dividend. This represents a $3.76 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend was Thursday, May 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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.