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

Leavell Investment Management Inc. raised its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.0% during the third quarter, Holdings Channel.com reports. The fund owned 66,606 shares of the exchange traded fund’s stock after purchasing 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.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.9% in the second 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 last quarter. Peavine Capital LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $160,837,000. The Manufacturers Life Insurance Company grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 5,080.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 629,048 shares of the exchange traded fund’s stock worth $60,244,000 after buying an additional 616,905 shares during the last quarter. Soros Fund Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at approximately $47,885,000. Finally, Captrust Financial Advisors raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.2% during the second quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after acquiring an additional 495,772 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

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

Shares of IEF stock opened at $95.93 on Friday. The firm has a market capitalization of $45.90 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a fifty day moving average of $96.56 and a 200 day moving average of $96.19. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $92.08 and a 52 week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.3127 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.9%. 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 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. 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.