IMC Chicago LLC Grows Stock Position in iShares 7-10 Year Treasury Bond ETF $IEF

IMC Chicago LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 105.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,009 shares of the exchange traded fund’s stock after purchasing an additional 17,998 shares during the quarter. IMC Chicago LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEF. Stephens Inc. AR raised its position in iShares 7-10 Year Treasury Bond ETF by 0.3% in the 4th quarter. Stephens Inc. AR now owns 41,103 shares of the exchange traded fund’s stock valued at $3,952,000 after purchasing an additional 107 shares in the last quarter. Fiduciary Alliance LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,935 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 110 shares during the period. GC Wealth Management RIA LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the fourth quarter. GC Wealth Management RIA LLC now owns 2,767 shares of the exchange traded fund’s stock worth $266,000 after buying an additional 113 shares in the last quarter. KPP Advisory Services LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the first quarter. KPP Advisory Services LLC now owns 3,207 shares of the exchange traded fund’s stock worth $306,000 after buying an additional 138 shares in the last quarter. Finally, Balboa Wealth Partners increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 6.1% during the first quarter. Balboa Wealth Partners now owns 2,527 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 145 shares during the period. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $93.78 on Thursday. The company’s 50 day moving average price is $94.11 and its 200 day moving average price is $95.32. The firm has a market capitalization of $47.06 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. 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.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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

iShares 7-10 Year Treasury Bond ETF Company 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.