Regatta Capital Group LLC Acquires 763 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Regatta Capital Group LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,233 shares of the exchange traded fund’s stock after purchasing an additional 763 shares during the quarter. Regatta Capital Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,834,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Montag A & Associates Inc. lifted its position in iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 160 shares in the last quarter. BankPlus Trust Department acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Wood Tarver Financial Group LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $37,000. Park Square Financial Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $37,000. Finally, Menard Financial Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $38,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $93.51 on Monday. The stock has a 50-day simple moving average of $94.48 and a 200 day simple moving average of $93.91. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $99.18. The company has a market cap of $33.96 billion, a PE ratio of -22.00 and a beta of 0.24.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3101 per share. This represents a $3.72 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date was Monday, June 2nd.

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.