iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,060 shares of the exchange traded fund’s stock after purchasing an additional 10,686 shares during the period. Avantax Advisory Services Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $13,637,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tsfg LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% during the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 201 shares during the last quarter. SouthState Corp bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Islay Capital Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $29,000. Oakworth Capital Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 215 shares during the last quarter. Finally, CVA Family Office LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF traded up $0.42 during mid-day trading on Tuesday, reaching $95.07. The stock had a trading volume of 4,705,393 shares, compared to its average volume of 7,758,453. The company has a market capitalization of $28.64 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 $88.86 and a 1-year high of $97.19. The stock’s 50 day simple moving average is $93.57 and its two-hundred day simple moving average is $93.88.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.2851 dividend. The ex-dividend date was Monday, July 1st. This represents a $3.42 annualized dividend and a dividend yield of 3.60%.

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.