iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Shares Bought by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 369.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,210 shares of the exchange traded fund’s stock after buying an additional 15,122 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,818,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Morgan Stanley lifted its holdings in 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 purchasing an additional 1,636,435 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 1,494.7% in the 4th quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after buying an additional 1,614,158 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $128,523,000. GLOBALT Investments LLC GA purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $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% during 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 acquiring an additional 866,325 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEF traded up $0.52 during trading on Friday, reaching $94.16. The stock had a trading volume of 5,111,502 shares, compared to its average volume of 7,910,540. The business has a fifty day moving average price of $93.23 and a 200-day moving average price of $94.01. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $97.19. The stock has a market cap of $28.60 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, July 5th. Shareholders of record on Monday, July 1st were paid a $0.2851 dividend. This represents a $3.42 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date was Monday, July 1st.

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.