Columbia Bank Purchases New Position in iShares 7-10 Year Treasury Bond ETF $IEF

Columbia Bank acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 66,693 shares of the exchange traded fund’s stock, valued at approximately $6,365,000. iShares 7-10 Year Treasury Bond ETF comprises 1.8% of Columbia Bank’s portfolio, making the stock its 12th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Elevated Capital Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $28,000. Asset Dedication LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $29,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at $29,000. Finally, Capital Investment Counsel Inc purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $31,000. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $94.12 on Monday. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The stock has a 50-day moving average of $94.34 and a 200 day moving average of $95.48. The company has a market capitalization of $47.07 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.3111 per share. The ex-dividend date is Wednesday, July 1st.

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. 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.