Phillip James Consulting Co. Buys Shares of 94,262 iShares 7-10 Year Treasury Bond ETF $IEF

Phillip James Consulting Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 94,262 shares of the exchange traded fund’s stock, valued at approximately $8,996,000. iShares 7-10 Year Treasury Bond ETF comprises 6.7% of Phillip James Consulting Co.’s portfolio, making the stock its 2nd largest position.

Several other institutional investors have also recently bought and sold shares of IEF. Elevated Capital Advisors LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $29,000. Capital Investment Counsel Inc bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $31,000. Finally, McIlrath & Eck LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% during the fourth quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 300 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 Performance

Shares of NASDAQ:IEF opened at $93.31 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.94 and a 52-week high of $98.04. The company has a market capitalization of $47.25 billion, a PE ratio of -22.00 and a beta of 0.26. The company has a fifty day moving average of $94.02 and a 200-day moving average of $95.25.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.3111 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.