US Bancorp DE Increases Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

US Bancorp DE lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 167,762 shares of the exchange traded fund’s stock after buying an additional 25,797 shares during the period. US Bancorp DE’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $15,510,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV boosted its position in iShares 7-10 Year Treasury Bond ETF by 65.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,180 shares of the exchange traded fund’s stock worth $214,000 after purchasing an additional 861 shares during the last quarter. Gladstone Institutional Advisory LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $466,000. Farther Finance Advisors LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 10.5% in the third 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. Carmichael Hill & Associates Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $56,000. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $35,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

IEF stock opened at $95.39 on Tuesday. The stock’s fifty day simple moving average is $92.87 and its two-hundred day simple moving average is $94.80. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18. The stock has a market cap of $32.86 billion, a P/E ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.2754 dividend. 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.