Systelligence LLC Buys 35,977 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Systelligence LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 77.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,285 shares of the exchange traded fund’s stock after purchasing an additional 35,977 shares during the quarter. Systelligence LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $7,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5.0% in the 1st 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 period. Envestnet Asset Management Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.5% in the 1st 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 period. Raymond James Financial Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.5% in the 1st quarter. Raymond James Financial Inc. now owns 8,125,441 shares of the exchange traded fund’s stock valued at $774,923,000 after acquiring an additional 278,079 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 6.2% in the 2nd quarter. Blue Trust Inc. now owns 5,592,724 shares of the exchange traded fund’s stock valued at $535,615,000 after acquiring an additional 326,335 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,617,408 shares of the exchange traded fund’s stock valued at $440,362,000 after acquiring an additional 128,076 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

NASDAQ:IEF opened at $97.39 on Friday. The business’s 50-day moving average price is $96.35 and its two-hundred day moving average price is $95.22. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.59. The stock has a market cap of $39.03 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.