iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Position Raised by Lincoln National Corp

Lincoln National Corp lifted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,260 shares of the exchange traded fund’s stock after purchasing an additional 1,253 shares during the quarter. Lincoln National Corp’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,941,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. GoalVest Advisory LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth approximately $26,000. Nemes Rush Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. SouthState Corp acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $29,000. Islay Capital Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Finally, Oakworth Capital Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 233.7% in the 4th quarter. Oakworth Capital Inc. now owns 307 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.08 during trading on Monday, hitting $92.54. 4,037,329 shares of the stock traded hands, compared to its average volume of 8,794,221. The company has a fifty day moving average price of $93.26 and a two-hundred day moving average price of $93.73. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $88.86 and a twelve month high of $100.41. The stock has a market cap of $28.47 billion, a P/E ratio of -21.67 and a beta of 0.17.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.2709 per share. The ex-dividend date is Wednesday, May 1st. This represents a $3.25 annualized dividend and a dividend yield of 3.51%.

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.