iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Boosted by Lewis Asset Management LLC

Lewis Asset Management LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 6.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,636 shares of the exchange traded fund’s stock after acquiring an additional 1,206 shares during the period. iShares 7-10 Year Treasury Bond ETF makes up 1.5% of Lewis Asset Management LLC’s holdings, making the stock its 14th largest position. Lewis Asset Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,025,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IEF. Envestnet Asset Management Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock valued at $1,212,164,000 after acquiring an additional 610,635 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after purchasing an additional 1,082,837 shares during the period. Raymond James & Associates raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.8% in the 3rd quarter. Raymond James & Associates now owns 6,587,304 shares of the exchange traded fund’s stock worth $646,346,000 after buying an additional 240,449 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% in the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock valued at $595,656,000 after buying an additional 662,293 shares during the period. Finally, Blue Trust Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 3.5% during the third quarter. Blue Trust Inc. now owns 5,000,349 shares of the exchange traded fund’s stock valued at $468,283,000 after buying an additional 168,097 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.8 %

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $94.00 on Friday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $90.68 and a 52 week high of $99.18. The stock has a market cap of $33.39 billion, a PE ratio of -21.67 and a beta of 0.05. The company’s 50-day moving average price is $96.71 and its two-hundred day moving average price is $95.16.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.2916 per share. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a yield of 3.72%.

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.