iShares 7-10 Year Treasury Bond ETF $IEF Stock: Lincoln Capital Corp Raises Position

Lincoln Capital Corp increased its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Free Report) by 8.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 137,459 shares of the exchange traded fund’s stock after acquiring an additional 11,015 shares during the period. iShares 7-10 Year Treasury Bond ETF comprises 4.0% of Lincoln Capital Corp’s holdings, making the stock its 5th largest position. Lincoln Capital Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $12,276,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 69.8% in the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after acquiring an additional 9,414,689 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 15,382,662 shares of the exchange traded fund’s stock worth $1,454,685,000 after purchasing an additional 630,060 shares in the last quarter. Blue Trust Inc. boosted its position in iShares 7-10 Year Treasury Bond ETF by 5.8% in the 1st quarter. Blue Trust Inc. now owns 6,475,952 shares of the exchange traded fund’s stock worth $618,065,000 after purchasing an additional 354,797 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.0% during the 4th quarter. Captrust Financial Advisors now owns 5,781,000 shares of the exchange traded fund’s stock worth $555,901,000 after purchasing an additional 666,409 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,068,013 shares of the exchange traded fund’s stock worth $479,282,000 after purchasing an additional 217,157 shares during the period. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NASDAQ IEF traded up $0.11 during midday trading on Tuesday, reaching $89.54. 12,778,693 shares of the stock were exchanged, compared to its average volume of 8,782,964. The firm has a market cap of $41.34 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The firm has a 50-day simple moving average of $91.55 and a two-hundred day simple moving average of $93.37. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.64 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3069 per share. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320. This represents a $3.68 annualized dividend and a yield of 4.1%. The ex-dividend date was Thursday, October 1st.

About iShares 7-10 Year Treasury Bond ETF

(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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.

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