2,333 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Purchased by Belvedere Trading LLC

Belvedere Trading LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,333 shares of the exchange traded fund’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEF. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $25,000. Montag A & Associates Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 160 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $34,000. Van ECK Associates Corp purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $35,000. Finally, Dunhill Financial LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $38,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.4 %

IEF opened at $93.32 on Tuesday. The stock has a 50-day moving average price of $92.72 and a 200-day moving average price of $95.00. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The stock has a market capitalization of $32.15 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2964 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.