Summit Wealth Partners LLC Buys 9,635 Shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Summit Wealth Partners LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 105,245 shares of the exchange traded fund’s stock after buying an additional 9,635 shares during the quarter. iShares 7-10 Year Treasury Bond ETF makes up approximately 2.0% of Summit Wealth Partners LLC’s holdings, making the stock its 13th largest holding. Summit Wealth Partners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $9,856,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of IEF. Envestnet Asset Management Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the second 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. Ameriprise Financial Inc. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 11,330,200 shares of the exchange traded fund’s stock valued at $1,060,398,000 after acquiring an additional 1,082,837 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.1% in the 4th quarter. Fisher Asset Management LLC now owns 9,697,073 shares of the exchange traded fund’s stock worth $934,701,000 after purchasing an additional 467,283 shares during the last quarter. Raymond James & Associates grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after purchasing an additional 281,554 shares during the period. Finally, Captrust Financial Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% during the first quarter. Captrust Financial Advisors now owns 6,292,590 shares of the exchange traded fund’s stock worth $595,656,000 after buying an additional 662,293 shares during the last quarter. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.1 %

iShares 7-10 Year Treasury Bond ETF stock opened at $98.19 on Wednesday. The firm has a market capitalization of $30.60 billion, a P/E ratio of -21.67 and a beta of 0.05. The business has a 50-day moving average of $97.40 and a 200-day moving average of $94.75. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $88.86 and a 1 year high of $99.18.

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 issued a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

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.