Bessemer Group Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 120.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 150,432 shares of the exchange traded fund’s stock after acquiring 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 filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of IEF. Cadence Wealth Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 19.4% during the third quarter. Cadence Wealth Management LLC now owns 146,531 shares of the exchange traded fund’s stock worth $14,134,000 after buying an additional 23,819 shares during the last quarter. Arkos Global Advisors raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the third quarter. Arkos Global Advisors now owns 568,678 shares of the exchange traded fund’s stock worth $54,855,000 after buying an additional 21,893 shares during the last quarter. Acropolis Investment Management LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 121.3% during the fourth quarter. Acropolis Investment Management LLC now owns 71,174 shares of the exchange traded fund’s stock worth $6,844,000 after buying an additional 39,014 shares during the last quarter. Center For Asset Management LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $954,000. Finally, AAFMAA Wealth Management & Trust LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $18,139,000. 81.48% of the stock is owned by institutional investors.
iShares 7-10 Year Treasury Bond ETF Price Performance
IEF opened at $93.51 on Friday. The company has a market cap of $47.70 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a 50 day simple moving average of $95.32 and a 200 day simple moving average of $96.13. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $93.03 and a fifty-two week high of $98.04.
iShares 7-10 Year Treasury Bond ETF Announces Dividend
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. 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.
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