Palogic Value Management L.P. Purchases New Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Palogic Value Management L.P. purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 37,000 shares of the exchange traded fund’s stock, valued at approximately $3,421,000. iShares 7-10 Year Treasury Bond ETF makes up 1.3% of Palogic Value Management L.P.’s investment portfolio, making the stock its 20th largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vontobel Holding Ltd. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.2% in the 4th 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 in the last quarter. Greatmark Investment Partners Inc. increased its stake in 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 buying an additional 625 shares in the last quarter. Beam Wealth Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.7% during the 4th quarter. Beam Wealth Advisors Inc. now owns 36,617 shares of the exchange traded fund’s stock worth $3,385,000 after buying an additional 1,303 shares in the last quarter. National Bank of Canada FI increased its stake in iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after buying an additional 303,636 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3,410.5% during the 4th quarter. First Horizon Advisors Inc. now owns 667 shares of the exchange traded fund’s stock worth $62,000 after buying an additional 648 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 0.1 %

NASDAQ:IEF opened at $95.10 on Friday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The stock has a 50 day moving average of $93.50 and a two-hundred day moving average of $94.59. The firm has a market cap of $33.98 billion, a P/E ratio of -22.19 and a beta of 0.17.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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