USA Financial Formulas bought a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 129,169 shares of the exchange traded fund’s stock, valued at approximately $12,328,000. iShares 7-10 Year Treasury Bond ETF comprises approximately 2.3% of USA Financial Formulas’ holdings, making the stock its 8th largest holding.
Several other hedge funds have also made changes to their positions in IEF. Legacy Wealth Partners LLC raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 159.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 21,624 shares of the exchange traded fund’s stock worth $2,064,000 after buying an additional 13,298 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 415.4% in the 4th quarter. Merit Financial Group LLC now owns 11,417 shares of the exchange traded fund’s stock valued at $1,098,000 after buying an additional 9,202 shares during the period. Jessup Wealth Management Inc boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% in the fourth quarter. Jessup Wealth Management Inc now owns 114,509 shares of the exchange traded fund’s stock valued at $11,011,000 after buying an additional 5,384 shares in the last quarter. Innova Wealth Partners boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1,282.5% in the first quarter. Innova Wealth Partners now owns 68,159 shares of the exchange traded fund’s stock valued at $6,505,000 after buying an additional 63,229 shares in the last quarter. Finally, Arkos Global Advisors boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the fourth quarter. Arkos Global Advisors now owns 598,275 shares of the exchange traded fund’s stock valued at $57,530,000 after buying an additional 29,597 shares in 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
iShares 7-10 Year Treasury Bond ETF stock opened at $93.04 on Friday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.69 and a one year high of $98.04. The business has a fifty day moving average of $93.70 and a two-hundred day moving average of $94.87. The company has a market cap of $47.21 billion, a P/E ratio of -22.00 and a beta of 0.26.
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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