D.A. Davidson & CO. Buys 105,930 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

D.A. Davidson & CO. increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2,856.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 109,639 shares of the exchange traded fund’s stock after purchasing an additional 105,930 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $10,136,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 62.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares during the period. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $35,000. National Bank of Canada FI raised its holdings in iShares 7-10 Year Treasury Bond ETF by 458.8% in the 3rd quarter. National Bank of Canada FI now owns 369,823 shares of the exchange traded fund’s stock worth $36,308,000 after purchasing an additional 303,636 shares during the period. Carr Financial Group Corp increased its stake in iShares 7-10 Year Treasury Bond ETF by 39.6% in the 3rd quarter. Carr Financial Group Corp now owns 37,052 shares of the exchange traded fund’s stock worth $3,636,000 after buying an additional 10,502 shares in the last quarter. Finally, Pathstone Holdings LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 581.1% in the 3rd quarter. Pathstone Holdings LLC now owns 50,898 shares of the exchange traded fund’s stock worth $4,994,000 after buying an additional 43,425 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $92.82 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a market capitalization of $31.98 billion, a PE ratio of -21.67 and a beta of 0.05. The stock has a fifty day simple moving average of $92.72 and a two-hundred day simple moving average of $95.00.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2964 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

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.