Avantax Advisory Services Inc. Has $18.40 Million Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Avantax Advisory Services Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 8.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 198,984 shares of the exchange traded fund’s stock after acquiring an additional 15,646 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $18,396,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Farther Finance Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 13.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,893 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 343 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1,409.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,449 shares of the exchange traded fund’s stock valued at $134,000 after purchasing an additional 1,353 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 26.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 3,581 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 757 shares in the last quarter. PFG Advisors boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 7.4% during the fourth quarter. PFG Advisors now owns 145,245 shares of the exchange traded fund’s stock valued at $13,428,000 after purchasing an additional 10,035 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock valued at $1,444,683,000 after purchasing an additional 15,621,963 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.3 %

Shares of IEF stock opened at $94.43 on Thursday. The business’s 50-day moving average price is $93.19 and its 200-day moving average price is $94.68. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The firm has a market capitalization of $32.53 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2754 per share. 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.