Global View Capital Management LLC Buys New Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Global View Capital Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 41,734 shares of the exchange traded fund’s stock, valued at approximately $3,860,000. iShares 7-10 Year Treasury Bond ETF makes up 1.4% of Global View Capital Management LLC’s portfolio, making the stock its 11th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Logan Capital Management Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $25,000. Montag A & Associates Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 113.5% during 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 during the period. BankPlus Trust Department purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $31,000. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $35,000. Finally, Dunhill Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $38,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $95.05 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The company has a market capitalization of $32.74 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The firm’s fifty day moving average price is $93.11 and its 200 day moving average price is $94.70.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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