D.A. Davidson & CO. Acquires 105,930 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

D.A. Davidson & CO. boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2,856.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,639 shares of the exchange traded fund’s stock after acquiring an additional 105,930 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Axxcess Wealth Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock valued at $1,913,000 after buying an additional 7,508 shares during the period. Van ECK Associates Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $35,000. National Bank of Canada FI lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 458.8% during the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock valued at $36,308,000 after buying an additional 303,636 shares during the period. Carr Financial Group Corp lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 39.6% during the 3rd quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock valued at $3,636,000 after buying an additional 10,502 shares during the period. Finally, Pathstone Holdings LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 581.1% during the 3rd quarter. Pathstone Holdings LLC now owns 50,898 shares of the exchange traded fund’s stock valued at $4,994,000 after buying an additional 43,425 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $92.82 on Wednesday. The business’s fifty day moving average price is $92.72 and its 200-day moving average price is $95.00. The stock has a market capitalization of $31.98 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.