Waterloo Capital L.P. Purchases Shares of 16,948 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Waterloo Capital L.P. acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 16,948 shares of the exchange traded fund’s stock, valued at approximately $1,587,000.

A number of other institutional investors have also recently made changes to their positions in the company. Tsfg LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% in the 1st quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 201 shares in the last quarter. Capital Investment Counsel Inc bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at about $28,000. Scarborough Advisors LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $32,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $36,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $98.53 on Thursday. The company has a market cap of $30.70 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $99.18. The stock’s 50 day simple moving average is $96.84 and its two-hundred day simple moving average is $94.55.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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