Prism Advisors Inc. Boosts Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Prism Advisors Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,214 shares of the exchange traded fund’s stock after buying an additional 751 shares during the period. Prism Advisors Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $904,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IEF. Diversify Advisory Services LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter worth about $1,169,000. Values First Advisors Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.4% during the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after purchasing an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $274,000. Raymond James & Associates lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after purchasing an additional 281,554 shares in the last quarter. Finally, Ballentine Partners LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $1,016,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $96.18 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $99.18. The company’s fifty day moving average price is $97.56 and its 200-day moving average price is $94.93. The company has a market capitalization of $33.64 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

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.