Lincoln National Corp Grows Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Lincoln National Corp raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 51,260 shares of the exchange traded fund’s stock after purchasing an additional 1,253 shares during the period. Lincoln National Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,941,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Morgan Stanley raised its stake in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock valued at $1,414,827,000 after purchasing an additional 1,636,435 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $128,523,000. Synovus Financial Corp boosted its position in iShares 7-10 Year Treasury Bond ETF by 2,457.4% during the third quarter. Synovus Financial Corp now owns 1,027,104 shares of the exchange traded fund’s stock worth $94,072,000 after acquiring an additional 986,942 shares during the last quarter. Advance Capital Management Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 4,464.2% in the 4th quarter. Advance Capital Management Inc. now owns 885,731 shares of the exchange traded fund’s stock worth $85,376,000 after acquiring an additional 866,325 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 13.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,849,448 shares of the exchange traded fund’s stock valued at $627,350,000 after acquiring an additional 804,424 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

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

Shares of IEF stock traded up $0.08 during mid-day trading on Monday, hitting $92.54. 4,037,329 shares of the company’s stock were exchanged, compared to its average volume of 8,794,221. The stock has a 50-day simple moving average of $93.26 and a two-hundred day simple moving average of $93.73. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.41. The stock has a market cap of $28.47 billion, a price-to-earnings ratio of -21.67 and a beta of 0.17.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.2709 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.25 dividend on an annualized basis and a yield of 3.51%.

iShares 7-10 Year Treasury Bond ETF 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.