Optima Capital LLC Purchases 1,989 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Optima Capital LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 15.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 15,140 shares of the exchange traded fund’s stock after acquiring an additional 1,989 shares during the quarter. Optima Capital LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,450,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. HB Wealth Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.9% in the 1st quarter. HB Wealth Management LLC now owns 4,851 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 2,046 shares during the period. Nuveen Asset Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $4,006,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,606,373 shares of the exchange traded fund’s stock valued at $153,200,000 after buying an additional 7,420 shares during the period. GAMMA Investing LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 974.6% during the first quarter. GAMMA Investing LLC now owns 2,289 shares of the exchange traded fund’s stock worth $218,000 after acquiring an additional 2,076 shares in the last quarter. Finally, Independence Financial Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth $14,612,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2%

IEF opened at $96.47 on Tuesday. The stock has a market capitalization of $35.90 billion, a P/E ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $98.50. The firm’s fifty day simple moving average is $95.69 and its 200 day simple moving average is $94.98.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a $0.3141 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, September 2nd.

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.