Mount Lucas Management LP Reduces Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Mount Lucas Management LP lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,411 shares of the exchange traded fund’s stock after selling 1,104 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises about 0.9% of Mount Lucas Management LP’s holdings, making the stock its 19th biggest holding. Mount Lucas Management LP’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,690,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Oak Harbor Wealth Partners LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 13.1% in the third quarter. Oak Harbor Wealth Partners LLC now owns 13,622 shares of the exchange traded fund’s stock valued at $1,337,000 after acquiring an additional 1,583 shares during the last quarter. OneDigital Investment Advisors LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% during the third quarter. OneDigital Investment Advisors LLC now owns 54,170 shares of the exchange traded fund’s stock worth $5,315,000 after purchasing an additional 206 shares in the last quarter. Lifeworks Advisors LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1,076.7% in the 3rd quarter. Lifeworks Advisors LLC now owns 32,782 shares of the exchange traded fund’s stock valued at $3,217,000 after purchasing an additional 29,996 shares during the last quarter. Summit Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.5% in the 3rd quarter. Summit Asset Management LLC now owns 180,394 shares of the exchange traded fund’s stock valued at $17,700,000 after purchasing an additional 17,173 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 71.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 34,608 shares of the exchange traded fund’s stock valued at $3,396,000 after purchasing an additional 14,420 shares during the period. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0 %

IEF opened at $93.32 on Friday. The firm has a market cap of $33.15 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18. The business’s 50 day moving average is $96.22 and its two-hundred day moving average is $95.24.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.2916 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend was Friday, November 1st.

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.