Bessemer Group Inc. Has $14.47 Million Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Bessemer Group Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 120.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,432 shares of the exchange traded fund’s stock after buying an additional 82,163 shares during the period. Bessemer Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $14,466,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IEF. Fisher Asset Management LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 52.1% in the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after buying an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after buying an additional 3,291,267 shares in the last quarter. Armstrong Advisory Group Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 2,754.6% in the fourth quarter. Armstrong Advisory Group Inc. now owns 707,015 shares of the exchange traded fund’s stock valued at $67,987,000 after buying an additional 682,247 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the second quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock valued at $60,244,000 after buying an additional 616,905 shares in the last quarter. Finally, Greenleaf Trust boosted its position in iShares 7-10 Year Treasury Bond ETF by 250.0% in the fourth quarter. Greenleaf Trust now owns 769,541 shares of the exchange traded fund’s stock valued at $73,999,000 after buying an additional 549,696 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.8%

NASDAQ:IEF opened at $93.51 on Friday. The firm has a market cap of $47.70 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $93.03 and a 12 month high of $98.04. The company’s 50-day moving average price is $95.32 and its two-hundred day moving average price is $96.13.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3125 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.