Lincoln Capital Corp Invests $1.46 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Lincoln Capital Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,178 shares of the exchange traded fund’s stock, valued at approximately $1,463,000.

Several other large investors also recently made changes to their positions in IEF. Nemes Rush Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $25,000. GoalVest Advisory LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $26,000. JFS Wealth Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter worth $30,000. CVA Family Office LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $30,000. Finally, Resurgent Financial Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth $37,000. Institutional investors and hedge funds own 86.63% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.4 %

Shares of NASDAQ:IEF traded up $0.36 on Wednesday, reaching $94.75. 4,838,585 shares of the company’s stock were exchanged, compared to its average volume of 8,998,847. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $88.86 and a fifty-two week high of $100.80. The business’s 50-day moving average is $94.55 and its two-hundred day moving average is $93.54.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a dividend of $0.2493 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $2.99 annualized dividend and a yield of 3.16%.

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.