iShares 7-10 Year Treasury Bond ETF $IEF Stock Holdings Lifted by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. increased its holdings in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 2,872.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 88,240 shares of the exchange traded fund’s stock after buying an additional 85,271 shares during the period. Clark Capital Management Group Inc.’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $8,512,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IEF. Bison Wealth LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after purchasing an additional 113,663 shares during the last quarter. Savant Capital LLC boosted its position in iShares 7-10 Year Treasury Bond ETF by 5.7% during the 2nd quarter. Savant Capital LLC now owns 4,290 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 230 shares during the period. Allworth Financial LP boosted its position in iShares 7-10 Year Treasury Bond ETF by 14.0% during the 2nd quarter. Allworth Financial LP now owns 1,474 shares of the exchange traded fund’s stock valued at $141,000 after purchasing an additional 181 shares during the period. Empower Advisory Group LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 33.8% during the 2nd quarter. Empower Advisory Group LLC now owns 3,154 shares of the exchange traded fund’s stock worth $302,000 after buying an additional 796 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its stake in iShares 7-10 Year Treasury Bond ETF by 40.5% during the 2nd quarter. Avantax Advisory Services Inc. now owns 218,586 shares of the exchange traded fund’s stock worth $20,934,000 after buying an additional 62,961 shares during the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEF opened at $95.59 on Monday. The firm has a market capitalization of $46.69 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.79 and a 1-year high of $98.04. The business’s fifty day moving average price is $96.42 and its two-hundred day moving average price is $96.61.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

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. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.