Hamlin Capital Management LLC Buys Shares of 10,756 iShares 7-10 Year Treasury Bond ETF $IEF

Hamlin Capital Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,756 shares of the exchange traded fund’s stock, valued at approximately $1,037,000. iShares 7-10 Year Treasury Bond ETF comprises approximately 0.0% of Hamlin Capital Management LLC’s investment portfolio, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bison Wealth LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after buying an additional 113,663 shares during the period. Savant Capital LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.7% in the 2nd quarter. Savant Capital LLC now owns 4,290 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 230 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 14.0% in the 2nd quarter. Allworth Financial LP now owns 1,474 shares of the exchange traded fund’s stock worth $141,000 after acquiring an additional 181 shares during the last quarter. Empower Advisory Group LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 33.8% during the 2nd quarter. Empower Advisory Group LLC now owns 3,154 shares of the exchange traded fund’s stock worth $302,000 after purchasing an additional 796 shares during the period. Finally, Avantax Advisory Services Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF by 40.5% in the 2nd quarter. Avantax Advisory Services Inc. now owns 218,586 shares of the exchange traded fund’s stock valued at $20,934,000 after purchasing an additional 62,961 shares during the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

Shares of NASDAQ IEF opened at $95.59 on Monday. The business’s 50 day moving average is $96.42 and its two-hundred day moving average is $96.61. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04. The firm has a market cap of $46.69 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.2828 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.5%.

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. 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.