Union Bancaire Privee UBP SA Purchases New Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Union Bancaire Privee UBP SA purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,457 shares of the exchange traded fund’s stock, valued at approximately $1,009,000.

Several other institutional investors have also recently made changes to their positions in IEF. HUB Investment Partners LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the 3rd quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after buying an additional 104 shares during the last quarter. Spirit of America Management Corp NY grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% in the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after buying an additional 105 shares in the last quarter. M3 Advisory Group LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock worth $594,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 23.4% during the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 128 shares during the last quarter. Finally, Intergy Private Wealth LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 3.0% during the third quarter. Intergy Private Wealth LLC now owns 4,688 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 136 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $94.88 on Friday. The stock has a market cap of $46.34 billion, a P/E ratio of -22.00 and a beta of 0.26. The company has a fifty day moving average price of $96.36 and a two-hundred day moving average price of $96.59. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.79 and a one year high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2828 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, March 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.