Balefire LLC Increases Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Balefire LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 93.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,810 shares of the exchange traded fund’s stock after acquiring an additional 11,014 shares during the period. Balefire LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,177,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Elevated Capital Advisors LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at about $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $29,000. Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at about $31,000. Finally, McIlrath & Eck LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 882.4% during the fourth quarter. McIlrath & Eck LLC now owns 334 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 300 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $93.84 on Monday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.94 and a 1 year high of $98.04. The company has a market cap of $47.29 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm has a 50-day moving average of $94.07 and a 200 day moving average of $95.29.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3111 per share. The ex-dividend date was Wednesday, July 1st.

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. 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.