Stephens Group Asset Management LLC Purchases Shares of 6,800 iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Stephens Group Asset Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the third quarter, Holdings Channel.com reports. The firm purchased 6,800 shares of the exchange traded fund’s stock, valued at approximately $667,000. iShares 7-10 Year Treasury Bond ETF comprises about 0.1% of Stephens Group Asset Management LLC’s holdings, making the stock its 23rd largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tsfg LLC grew its position in iShares 7-10 Year Treasury Bond ETF by 314.1% during the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 201 shares during the last quarter. Capital Investment Counsel Inc bought a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $28,000. Scarborough Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $32,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth approximately $36,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1 %

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.07 on Friday, hitting $95.90. The stock had a trading volume of 3,685,819 shares, compared to its average volume of 7,789,517. iShares 7-10 Year Treasury Bond ETF has a one year low of $88.86 and a one year high of $99.18. The stock has a market cap of $33.22 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s 50-day simple moving average is $97.65 and its two-hundred day simple moving average is $94.89.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.2882 dividend. 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.