Bond & Devick Financial Network Inc. Buys 11,326 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Bond & Devick Financial Network Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 14.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,009 shares of the exchange traded fund’s stock after acquiring an additional 11,326 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 2.6% of Bond & Devick Financial Network Inc.’s portfolio, making the stock its 11th largest position. Bond & Devick Financial Network Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,586,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Waterloo Capital L.P. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 86.6% during the third quarter. Waterloo Capital L.P. now owns 128,261 shares of the exchange traded fund’s stock valued at $12,372,000 after purchasing an additional 59,532 shares in the last quarter. Stordahl Capital Management Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. Stordahl Capital Management Inc. now owns 32,859 shares of the exchange traded fund’s stock valued at $3,170,000 after buying an additional 683 shares during the last quarter. Titleist Asset Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 5.9% in the 3rd quarter. Titleist Asset Management LLC now owns 151,293 shares of the exchange traded fund’s stock valued at $14,594,000 after buying an additional 8,363 shares during the last quarter. Portside Wealth Group LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% during the 3rd quarter. Portside Wealth Group LLC now owns 43,676 shares of the exchange traded fund’s stock worth $4,213,000 after buying an additional 2,637 shares in the last quarter. Finally, HORAN Wealth LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $846,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.6%

IEF stock opened at $96.07 on Friday. The firm has a market cap of $46.92 billion, a PE ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average of $96.24 and a 200-day moving average of $96.32. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.08 and a 12-month high of $97.77.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.312 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.