Prevail Innovative Wealth Advisors LLC Takes $235,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Prevail Innovative Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 2,547 shares of the exchange traded fund’s stock, valued at approximately $235,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.5% during the 3rd quarter. D.A. Davidson & CO. now owns 3,709 shares of the exchange traded fund’s stock valued at $364,000 after buying an additional 441 shares during the last quarter. Walleye Capital LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 100.9% during the 3rd quarter. Walleye Capital LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 280,000 shares during the last quarter. Arete Wealth Advisors LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Arete Wealth Advisors LLC now owns 197,107 shares of the exchange traded fund’s stock worth $19,310,000 after acquiring an additional 3,373 shares in the last quarter. Semmax Financial Advisors Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.3% in the 3rd quarter. Semmax Financial Advisors Inc. now owns 80,212 shares of the exchange traded fund’s stock worth $7,488,000 after purchasing an additional 4,008 shares during the last quarter. Finally, Timber Creek Capital Management LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $631,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $95.09 on Monday. The company has a market capitalization of $32.76 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The stock has a 50-day simple moving average of $93.85 and a 200 day simple moving average of $94.39.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.2754 dividend. The ex-dividend date was Monday, March 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.