Biondo Investment Advisors LLC Grows Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Biondo Investment Advisors LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,015 shares of the exchange traded fund’s stock after acquiring an additional 370 shares during the quarter. Biondo Investment Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vontobel Holding Ltd. lifted its position in iShares 7-10 Year Treasury Bond ETF by 13.2% during the fourth quarter. Vontobel Holding Ltd. now owns 2,579 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 301 shares during the last quarter. Greatmark Investment Partners Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.9% during the 4th quarter. Greatmark Investment Partners Inc. now owns 34,101 shares of the exchange traded fund’s stock worth $3,153,000 after acquiring an additional 625 shares during the last quarter. Beam Wealth Advisors Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 3.7% in the fourth quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after acquiring an additional 1,303 shares in the last quarter. Syntax Research Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 12.7% in the fourth quarter. Syntax Research Inc. now owns 53,563 shares of the exchange traded fund’s stock valued at $4,952,000 after acquiring an additional 6,019 shares during the last quarter. Finally, National Bank of Canada FI raised its position in iShares 7-10 Year Treasury Bond ETF by 458.8% during the third quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after purchasing an additional 303,636 shares in the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.8 %

IEF opened at $95.09 on Friday. The stock has a market capitalization of $32.76 billion, a P/E ratio of -22.19 and a beta of 0.05. The stock has a 50-day moving average price of $93.85 and a 200-day moving average price of $94.45. 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 Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.2754 dividend. The ex-dividend date was 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.