Leuthold Group LLC Reduces Stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Leuthold Group LLC lessened its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 0.3% during the 2nd quarter, Holdings Channel reports. The fund owned 48,045 shares of the exchange traded fund’s stock after selling 159 shares during the quarter. Leuthold Group LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,499,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Baird Financial Group Inc. grew its position in iShares 7-10 Year Treasury Bond ETF by 1,494.7% in the fourth quarter. Baird Financial Group Inc. now owns 1,722,152 shares of the exchange traded fund’s stock worth $165,998,000 after acquiring an additional 1,614,158 shares during the period. GLOBALT Investments LLC GA purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter worth $92,585,000. Captrust Financial Advisors increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 11.8% during the 1st quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after purchasing an additional 662,293 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 2nd 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 buying an additional 610,635 shares during the period. Finally, LPL Financial LLC lifted its position in iShares 7-10 Year Treasury Bond ETF by 17.6% in the second quarter. LPL Financial LLC now owns 3,452,784 shares of the exchange traded fund’s stock valued at $323,353,000 after buying an additional 517,532 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $98.53 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $88.86 and a 1-year high of $99.18. The firm has a market cap of $30.70 billion, a PE ratio of -21.67 and a beta of 0.05. The company has a 50-day moving average of $96.84 and a two-hundred day moving average of $94.55.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.2882 per share. The ex-dividend date was Tuesday, September 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.