Clarity Financial LLC Has $65.50 Million Stock Holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Clarity Financial LLC increased its stake in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 62.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 667,534 shares of the exchange traded fund’s stock after purchasing an additional 257,491 shares during the quarter. iShares 7-10 Year Treasury Bond ETF comprises 7.6% of Clarity Financial LLC’s investment portfolio, making the stock its largest holding. Clarity Financial LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $65,498,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Clarity Capital Partners LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 20.3% in the 3rd quarter. Clarity Capital Partners LLC now owns 3,467 shares of the exchange traded fund’s stock valued at $340,000 after acquiring an additional 585 shares in the last quarter. Greenwood Capital Associates LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 3.6% in the 3rd quarter. Greenwood Capital Associates LLC now owns 57,485 shares of the exchange traded fund’s stock valued at $5,640,000 after acquiring an additional 1,975 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $34,000. Rational Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $1,825,000. Finally, Roman Butler Fullerton & Co. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $716,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.5 %

Shares of IEF stock opened at $94.17 on Tuesday. The firm has a market capitalization of $33.45 billion, a PE ratio of -21.67 and a beta of 0.05. The firm has a fifty day simple moving average of $96.94 and a two-hundred day simple moving average of $95.16. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $90.68 and a 12 month high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.2916 per share. This represents a $3.50 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend is Friday, November 1st. 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 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.