Burns Matteson Capital Management LLC Boosts Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Burns Matteson Capital Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,962 shares of the exchange traded fund’s stock after acquiring an additional 241 shares during the quarter. iShares 7-10 Year Treasury Bond ETF accounts for about 1.0% of Burns Matteson Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Burns Matteson Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,123,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Logan Capital Management Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $34,000. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Dunhill Financial LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $38,000. Finally, Rakuten Securities Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 45.1% during the 3rd quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 153 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3 %

Shares of IEF opened at $93.14 on Monday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18. The stock has a market cap of $32.09 billion, a PE ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average price is $92.96 and its 200-day moving average price is $95.10.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.