iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Position Lifted by Canal Capital Management LLC

Canal Capital Management LLC lifted its position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 1.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,541 shares of the exchange traded fund’s stock after acquiring an additional 384 shares during the quarter. Canal Capital Management LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $2,604,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Cerity Partners OCIO LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $225,675,000. Ameriprise Financial Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock worth $1,060,398,000 after purchasing an additional 1,082,837 shares during the last quarter. Captrust Financial Advisors boosted its position in 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 valued at $595,656,000 after purchasing an additional 662,293 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,943,561 shares of the exchange traded fund’s stock worth $1,212,164,000 after buying an additional 610,635 shares during the last quarter. Finally, LPL Financial LLC increased 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 worth $323,353,000 after buying an additional 517,532 shares during the period. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $95.25 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $89.33 and a 1 year high of $99.18. The stock has a market capitalization of $33.77 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. The stock’s fifty day moving average is $97.36 and its two-hundred day moving average is $95.01.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

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

iShares 7-10 Year Treasury Bond ETF Company 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.