Waterloo Capital L.P. Acquires 59,532 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Waterloo Capital L.P. lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 86.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,261 shares of the exchange traded fund’s stock after purchasing an additional 59,532 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 0.9% of Waterloo Capital L.P.’s holdings, making the stock its 26th largest position. Waterloo Capital L.P.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,372,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Spirit of America Management Corp NY raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1.7% in the third quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after buying an additional 105 shares during the period. FDx Advisors Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.8% during the 2nd quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock worth $225,000 after acquiring an additional 107 shares during the period. SouthState Corp raised its stake in iShares 7-10 Year Treasury Bond ETF by 4.0% during the 2nd quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares during the period. Joel Adams & Associates Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 123 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 23.4% in the third quarter. Hantz Financial Services Inc. now owns 676 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 128 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $96.07 on Friday. The stock has a market cap of $46.92 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $92.08 and a 1 year high of $97.77. The firm has a fifty day moving average price of $96.24 and a 200-day moving average price of $96.32.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.