BCM Advisors LLC Has $1.18 Million Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

BCM Advisors LLC boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 102.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,347 shares of the exchange traded fund’s stock after buying an additional 6,262 shares during the period. BCM Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. GoalVest Advisory LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $26,000. Nemes Rush Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $25,000. Oakworth Capital Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 215 shares during the period. CVA Family Office LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $30,000. Finally, JFS Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $30,000. 81.48% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ:IEF traded up $0.12 during trading on Friday, reaching $91.74. 6,125,279 shares of the company traded hands, compared to its average volume of 9,053,003. The company’s 50 day moving average is $93.77 and its two-hundred day moving average is $93.57. The firm has a market capitalization of $28.37 billion, a PE ratio of -21.49 and a beta of 0.12. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.86 and a 52 week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2758 per share. The ex-dividend date was Monday, April 1st. This represents a $3.31 dividend on an annualized basis and a dividend yield of 3.61%.

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.