Creative Planning Decreases Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Creative Planning cut its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 10.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,226 shares of the exchange traded fund’s stock after selling 5,974 shares during the quarter. Creative Planning’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $4,928,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake 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 in the last quarter. Ameriprise Financial Inc. raised its holdings in 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 valued at $1,060,398,000 after acquiring an additional 1,082,837 shares during the last quarter. Raymond James & Associates raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.6% in the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock valued at $594,383,000 after acquiring an additional 281,554 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares 7-10 Year Treasury Bond ETF by 11.8% in 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 acquiring an additional 662,293 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 9.7% in the 1st quarter. Blue Trust Inc. now owns 4,899,206 shares of the exchange traded fund’s stock valued at $463,759,000 after acquiring an additional 433,840 shares during the last quarter. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

IEF stock opened at $95.10 on Friday. The company has a market cap of $33.71 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $89.15 and a 12 month high of $99.18. The firm has a 50-day moving average of $97.36 and a two-hundred day moving average of $95.01.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed 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 of this dividend 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.