iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Purchased by Discovery Capital Management LLC CT

Discovery Capital Management LLC CT raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 5.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,782 shares of the exchange traded fund’s stock after purchasing an additional 259 shares during the quarter. Discovery Capital Management LLC CT’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fiera Capital Corp lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock worth $495,000 after buying an additional 107 shares in the last quarter. HTLF Bank increased its holdings in iShares 7-10 Year Treasury Bond ETF by 3.9% during the 1st quarter. HTLF Bank now owns 3,102 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 117 shares during the last quarter. Matrix Trust Co raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% in the 2nd quarter. Matrix Trust Co now owns 3,182 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 120 shares in the last quarter. Oak Harbor Wealth Partners LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% during the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,127,000 after buying an additional 126 shares during the last quarter. Finally, Catalyst Private Wealth LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 2.7% during the second quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 128 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $98.42 on Monday. The firm’s fifty day moving average price is $96.98 and its 200 day moving average price is $94.60. The stock has a market capitalization of $30.67 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 7-10 Year Treasury Bond ETF

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.