iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Increased by LPL Financial LLC

LPL Financial LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,531,829 shares of the exchange traded fund’s stock after acquiring an additional 79,045 shares during the period. LPL Financial LLC owned about 0.99% of iShares 7-10 Year Treasury Bond ETF worth $346,543,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Advisors Asset Management Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 56.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 5,133 shares of the exchange traded fund’s stock worth $504,000 after acquiring an additional 1,859 shares in the last quarter. Commerce Bank lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 40.3% in the third quarter. Commerce Bank now owns 43,678 shares of the exchange traded fund’s stock worth $4,286,000 after purchasing an additional 12,557 shares in the last quarter. Second Half Financial Partners LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $433,000. Prospera Financial Services Inc boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.5% during the third quarter. Prospera Financial Services Inc now owns 104,620 shares of the exchange traded fund’s stock worth $10,265,000 after purchasing an additional 17,102 shares during the period. Finally, Whalen Wealth Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $1,994,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

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

IEF stock opened at $93.59 on Thursday. The company has a 50 day moving average of $96.01 and a two-hundred day moving average of $95.31. The company has a market cap of $33.24 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2916 per share. This represents a $3.50 annualized dividend and a dividend yield of 3.74%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. 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.