Hanlon Investment Management Inc. Has $1.42 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Hanlon Investment Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 41.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,465 shares of the exchange traded fund’s stock after buying an additional 4,212 shares during the quarter. Hanlon Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,419,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in IEF. Cerity Partners OCIO LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $225,675,000. Ameriprise Financial Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares in the last quarter. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after acquiring an additional 662,293 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after acquiring an additional 610,635 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 17.6% during the 2nd quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock worth $323,353,000 after purchasing an additional 517,532 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.2 %

IEF opened at $94.02 on Tuesday. The stock’s 50 day simple moving average is $96.94 and its 200-day simple moving average is $95.16. The stock has a market cap of $33.40 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $90.68 and a 1 year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be issued a $0.2916 dividend. This represents a $3.50 annualized dividend and a yield of 3.72%. The ex-dividend date is Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.