iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) is Clarity Financial LLC’s Largest Position

Clarity Financial LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 699,525 shares of the exchange traded fund’s stock after buying an additional 31,991 shares during the period. iShares 7-10 Year Treasury Bond ETF accounts for approximately 7.7% of Clarity Financial LLC’s holdings, making the stock its largest holding. Clarity Financial LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $64,671,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IEF. CWM LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 109.5% in the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock valued at $13,274,000 after buying an additional 70,696 shares in the last quarter. Lake Hills Wealth Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 27.6% during the third quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock worth $6,753,000 after purchasing an additional 14,906 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 62.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after buying an additional 7,508 shares during the period. Stablepoint Partners LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 34.3% during the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after buying an additional 5,916 shares in the last quarter. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.17 on Friday. The firm has a market capitalization of $31.95 billion, a P/E ratio of -21.67 and a beta of 0.05. The stock’s fifty day simple moving average is $93.13 and its 200-day simple moving average is $95.18. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.02 and a twelve month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.3075 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 3.96%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF 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.