MCF Advisors LLC Has $94,000 Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

MCF Advisors LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 225.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 990 shares of the exchange traded fund’s stock after purchasing an additional 686 shares during the quarter. MCF Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $94,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the third quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after buying an additional 1,636,435 shares during the last quarter. Baird Financial Group Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 1,494.7% during the 4th quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock valued at $165,998,000 after acquiring an additional 1,614,158 shares in the last quarter. International Assets Investment Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $128,523,000. GLOBALT Investments LLC GA bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth $92,585,000. Finally, Advance Capital Management Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4,464.2% in the fourth quarter. Advance Capital Management Inc. now owns 885,731 shares of the exchange traded fund’s stock valued at $85,376,000 after purchasing an additional 866,325 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $93.65 on Friday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $97.19. The firm’s 50-day simple moving average is $93.04 and its 200 day simple moving average is $94.08. The stock has a market cap of $28.69 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a $0.2764 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.54%.

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.