Zega Financial LLC Makes New $202,000 Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Posted by Alanna Baker on Dec 7th, 2024

Zega Financial LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,060 shares of the exchange traded fund’s stock, valued at approximately $202,000.

A number of other hedge funds also recently made changes to their positions in the business. Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $28,000. Hazlett Burt & Watson Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $36,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF opened at $95.27 on Friday. The stock has a fifty day moving average of $94.98 and a 200-day moving average of $95.43. The company has a market capitalization of $33.84 billion, a P/E ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.292 dividend. The ex-dividend date was Monday, December 2nd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Free Report)

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.