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

Systelligence LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 77.7% during the second quarter, HoldingsChannel.com reports. The institutional investor 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 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IEF. Jones Financial Companies Lllp raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4,057.3% during the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after buying an additional 1,853,812 shares in the last quarter. Mutual Advisors LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 16,747.0% during the 1st quarter. Mutual Advisors LLC now owns 1,737,097 shares of the exchange traded fund’s stock valued at $165,389,000 after buying an additional 1,726,786 shares in the last quarter. Peavine Capital LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $160,837,000. JPMorgan Chase & Co. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after buying an additional 1,333,142 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% during the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after buying an additional 673,678 shares in 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 Down 0.2%

Shares of NASDAQ IEF opened at $97.39 on Friday. The stock has a market cap of $39.03 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.08 and a 1-year high of $97.59. The stock’s 50-day moving average is $96.35 and its 200 day moving average is $95.22.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.