Thrivent Financial for Lutherans Has $3.73 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF $IEF

Thrivent Financial for Lutherans lowered its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 23.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,708 shares of the exchange traded fund’s stock after selling 11,834 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares 7-10 Year Treasury Bond ETF were worth $3,734,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IEF. Bison Wealth LLC increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after purchasing an additional 113,663 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 203.6% in the second quarter. Concurrent Investment Advisors LLC now owns 150,703 shares of the exchange traded fund’s stock valued at $14,433,000 after buying an additional 101,062 shares in the last quarter. Muirfield Wealth Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter valued at $5,386,000. Strategic Point Investment Advisors LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 0.9% during the second quarter. Strategic Point Investment Advisors LLC now owns 149,766 shares of the exchange traded fund’s stock worth $14,343,000 after buying an additional 1,381 shares during the last quarter. Finally, CWM LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 4.1% during the second quarter. CWM LLC now owns 117,482 shares of the exchange traded fund’s stock worth $11,251,000 after acquiring an additional 4,614 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF stock opened at $96.07 on Monday. The company has a fifty day moving average price of $96.21 and a two-hundred day moving average price of $96.35. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.08 and a one year high of $97.77. The stock has a market cap of $46.92 billion, a P/E 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, February 5th. Investors of record on Monday, February 2nd were paid a $0.312 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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.