Ignite Planners LLC Grows Position in iShares 7-10 Year Treasury Bond ETF $IEF

Ignite Planners LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 49.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,871 shares of the exchange traded fund’s stock after purchasing an additional 2,266 shares during the quarter. Ignite Planners LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $649,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after purchasing an additional 1,333,142 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 12,398,140 shares of the exchange traded fund’s stock worth $1,182,411,000 after purchasing an additional 180,171 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% during the first quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock worth $774,923,000 after purchasing an additional 278,079 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock worth $440,362,000 after purchasing an additional 128,076 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock worth $417,395,000 after purchasing an additional 673,678 shares during the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

IEF stock opened at $96.38 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.51. The stock’s fifty day simple moving average is $96.14 and its 200-day simple moving average is $95.11. The stock has a market capitalization of $38.47 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.2945 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.