Leavell Investment Management Inc. Acquires 10,137 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Leavell Investment Management Inc. grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,606 shares of the exchange traded fund’s stock after acquiring an additional 10,137 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $6,425,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IEF. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Fisher Asset Management LLC now owns 57,650,891 shares of the exchange traded fund’s stock worth $5,521,226,000 after purchasing an additional 2,686,141 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 12,444,874 shares of the exchange traded fund’s stock valued at $1,191,825,000 after buying an additional 46,734 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 11,659,314 shares of the exchange traded fund’s stock valued at $1,094,373,000 after buying an additional 434,320 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock worth $956,908,000 after buying an additional 495,772 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.4% in the third quarter. Blue Trust Inc. now owns 5,952,613 shares of the exchange traded fund’s stock worth $574,189,000 after buying an additional 359,889 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $95.93 on Friday. The stock has a market capitalization of $45.90 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.08 and a 1-year high of $97.77. The business has a 50-day moving average of $96.56 and a 200 day moving average of $96.19.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3127 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, December 19th.

About iShares 7-10 Year Treasury Bond ETF

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.