Lynx Investment Advisory Takes $84,000 Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Lynx Investment Advisory acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 900 shares of the exchange traded fund’s stock, valued at approximately $84,000.

A number of other large investors also recently added to or reduced their stakes in IEF. Private Trust Co. NA lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 143.1% in the 4th quarter. Private Trust Co. NA now owns 5,379 shares of the exchange traded fund’s stock worth $519,000 after purchasing an additional 3,166 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $128,523,000. Sowell Financial Services LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth approximately $1,885,000. Allworth Financial LP raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 220.9% during the 4th quarter. Allworth Financial LP now owns 1,996 shares of the exchange traded fund’s stock worth $192,000 after acquiring an additional 1,374 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 8,779 shares of the exchange traded fund’s stock worth $846,000 after acquiring an additional 1,941 shares in the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF traded down $0.87 during mid-day trading on Tuesday, hitting $96.91. 9,506,512 shares of the stock were exchanged, compared to its average volume of 7,790,812. The company has a market cap of $30.20 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $88.86 and a 52-week high of $98.58. The firm has a 50-day moving average of $94.36 and a two-hundred day moving average of $93.86.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be issued a dividend of $0.2891 per share. This represents a $3.47 annualized dividend and a dividend yield of 3.58%. 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 is Thursday, August 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.