8,041 Shares in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,041 shares of the exchange traded fund’s stock, valued at approximately $743,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. Montag A & Associates Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 113.5% during the fourth quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 160 shares during the period. BankPlus Trust Department purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $31,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $34,000. Finally, Van ECK Associates Corp purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $95.39 on Tuesday. The stock’s 50 day simple moving average is $92.87 and its 200 day simple moving average is $94.80. The stock has a market cap of $32.86 billion, a P/E ratio of -22.34 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 Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a $0.2754 dividend. The ex-dividend date is Monday, March 3rd.

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.