DRW Securities LLC Purchases Shares of 199,305 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

DRW Securities LLC purchased 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 disclosure with the SEC. The firm purchased 199,305 shares of the exchange traded fund’s stock, valued at approximately $18,665,000. iShares 7-10 Year Treasury Bond ETF comprises about 0.7% of DRW Securities LLC’s investment portfolio, making the stock its 14th biggest position. DRW Securities LLC owned approximately 0.06% of iShares 7-10 Year Treasury Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. 1832 Asset Management L.P. increased its position in iShares 7-10 Year Treasury Bond ETF by 18.6% during the 2nd quarter. 1832 Asset Management L.P. now owns 47,054 shares of the exchange traded fund’s stock worth $4,407,000 after buying an additional 7,392 shares during the period. Cerity Partners OCIO LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $225,675,000. Lavaca Capital LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth $903,000. Bulltick Wealth Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 68.7% during the 2nd quarter. Bulltick Wealth Management LLC now owns 111,014 shares of the exchange traded fund’s stock worth $10,396,000 after buying an additional 45,206 shares during the period. Finally, Sompo Asset Management Co. Ltd. increased its position in iShares 7-10 Year Treasury Bond ETF by 0.5% during the 2nd quarter. Sompo Asset Management Co. Ltd. now owns 350,001 shares of the exchange traded fund’s stock worth $32,778,000 after buying an additional 1,798 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock opened at $98.42 on Friday. The stock has a market capitalization of $30.67 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The business’s fifty day moving average price is $96.98 and its two-hundred day moving average price is $94.60. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $99.18.

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 given a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

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.