Lincoln Capital Corp Makes New Investment in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Lincoln Capital Corp bought a new position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 4th quarter, HoldingsChannel reports. The fund bought 15,178 shares of the exchange traded fund’s stock, valued at approximately $1,463,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Morgan Stanley boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 3rd quarter. Morgan Stanley now owns 15,447,394 shares of the exchange traded fund’s stock worth $1,414,827,000 after purchasing an additional 1,636,435 shares during the last quarter. UBS Group AG lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.7% in the third quarter. UBS Group AG now owns 10,852,625 shares of the exchange traded fund’s stock valued at $993,992,000 after acquiring an additional 79,423 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 3.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,095,067 shares of the exchange traded fund’s stock valued at $833,017,000 after acquiring an additional 327,711 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 13.3% in the third 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. Finally, Raymond James & Associates lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 9.0% in the fourth quarter. Raymond James & Associates now owns 6,374,897 shares of the exchange traded fund’s stock valued at $614,476,000 after acquiring an additional 527,706 shares during the last quarter. 86.63% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

NASDAQ:IEF traded up $0.36 during trading hours on Wednesday, reaching $94.75. 4,838,585 shares of the stock were exchanged, compared to its average volume of 8,998,847. The business has a 50-day moving average of $94.55 and a two-hundred day moving average of $93.54. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $100.80.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a dividend of $0.2493 per share. This represents a $2.99 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend was Friday, March 1st.

iShares 7-10 Year Treasury Bond ETF Company 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.