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

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

Several other institutional investors and hedge funds have also modified their holdings of IEF. Diversify Advisory Services LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at about $1,169,000. Values First Advisors Inc. lifted its stake in iShares 7-10 Year Treasury Bond ETF by 4.4% in the 2nd quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after acquiring an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $274,000. Raymond James & Associates boosted its position in iShares 7-10 Year Treasury Bond ETF by 4.6% during the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after acquiring an additional 281,554 shares during the last quarter. Finally, Ballentine Partners LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth approximately $1,016,000. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ IEF opened at $98.19 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $88.86 and a 12-month high of $99.18. The firm’s 50 day moving average is $97.40 and its 200-day moving average is $94.75. The company has a market capitalization of $30.60 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

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