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

LPL Financial LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,702,913 shares of the exchange traded fund’s stock after buying an additional 171,084 shares during the period. LPL Financial LLC owned about 1.07% of iShares 7-10 Year Treasury Bond ETF worth $342,334,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in IEF. M Holdings Securities Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $289,000. Summit Global Investments boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.6% in the fourth quarter. Summit Global Investments now owns 10,297 shares of the exchange traded fund’s stock valued at $952,000 after purchasing an additional 542 shares in the last quarter. Oxford Financial Group LTD. LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $150,000. Palogic Value Management L.P. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth approximately $3,421,000. Finally, HUB Investment Partners LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at $961,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $95.02 on Monday. The stock’s 50-day moving average is $93.58 and its two-hundred day moving average is $94.53. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market cap of $32.73 billion, a price-to-earnings ratio of -22.19 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.2754 dividend. The ex-dividend date was Monday, March 3rd.

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.