D.A. Davidson & CO. Has $6.57 Million Stake in iShares 7-10 Year Treasury Bond ETF $IEF

D.A. Davidson & CO. boosted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1,329.9% in the first quarter, HoldingsChannel reports. The firm owned 68,836 shares of the exchange traded fund’s stock after buying an additional 64,022 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,570,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IEF. Bison Wealth LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $213,000. The Manufacturers Life Insurance Company raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% during 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 acquiring an additional 616,905 shares in the last quarter. Ausdal Financial Partners Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.5% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 4,703 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 329 shares in the last quarter. Finally, Camarda Financial Advisors LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 7.7% during the 2nd quarter. Camarda Financial Advisors LLC now owns 12,751 shares of the exchange traded fund’s stock worth $1,221,000 after acquiring an additional 913 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEF opened at $93.84 on Friday. The company has a 50 day simple moving average of $94.07 and a two-hundred day simple moving average of $95.29. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.94 and a fifty-two week high of $98.04. The company has a market capitalization of $47.29 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given 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.