Miracle Mile Advisors LLC Invests $35.14 Million in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Share on StockTwits

Miracle Mile Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 319,361 shares of the exchange traded fund’s stock, valued at approximately $35,136,000. iShares 7-10 Year Treasury Bond ETF accounts for approximately 2.6% of Miracle Mile Advisors LLC’s holdings, making the stock its 10th biggest holding.

A number of other hedge funds have also modified their holdings of the stock. Partnervest Advisory Services LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $247,000. Commerce Bank boosted its stake in iShares 7-10 Year Treasury Bond ETF by 98.9% in the second quarter. Commerce Bank now owns 25,728 shares of the exchange traded fund’s stock valued at $2,830,000 after acquiring an additional 12,790 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 9.2% in the second quarter. JPMorgan Chase & Co. now owns 17,592,615 shares of the exchange traded fund’s stock valued at $1,934,659,000 after acquiring an additional 1,479,434 shares in the last quarter. Estate Counselors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at approximately $6,026,000. Finally, Biondo Investment Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 5.2% in the second quarter. Biondo Investment Advisors LLC now owns 5,982 shares of the exchange traded fund’s stock valued at $658,000 after acquiring an additional 297 shares in the last quarter.

IEF traded up $0.40 during trading on Tuesday, hitting $114.07. The stock had a trading volume of 85,334 shares, compared to its average volume of 4,784,939. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $99.60 and a twelve month high of $114.17. The stock has a 50 day simple moving average of $111.15 and a two-hundred day simple moving average of $107.68.

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.

Recommended Story: Diversification

Want to see what other hedge funds are holding IEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF).

Institutional Ownership by Quarter for iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Receive News & Ratings for iShares 7-10 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 7-10 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.