Bond & Devick Financial Network Inc. Grows Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

Bond & Devick Financial Network Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 7.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,728 shares of the exchange traded fund’s stock after acquiring an additional 6,719 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up 2.6% of Bond & Devick Financial Network Inc.’s investment 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 $9,205,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Grey Fox Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $29,000. Balentine LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Finally, Cornerstone Planning Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 249.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 222 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

NASDAQ IEF opened at $94.60 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.79 and a fifty-two week high of $98.04. The stock has a market cap of $46.20 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a fifty day moving average of $96.23 and a 200-day moving average of $96.54.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, March 2nd.

iShares 7-10 Year Treasury Bond ETF 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.