iShares 7-10 Year Treasury Bond ETF Sees Unusually Large Options Volume (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading activity on Monday. Investors acquired 73,355 put options on the company. This is an increase of approximately 194% compared to the average daily volume of 24,950 put options.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.1%

IEF stock traded up $0.14 during midday trading on Monday, reaching $96.58. The company had a trading volume of 5,034,374 shares, compared to its average volume of 8,491,422. The firm has a market capitalization of $40.28 billion, a PE ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average price of $96.80 and a 200 day moving average price of $96.06. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.3127 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 19th. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. AIA Group Ltd lifted its position in iShares 7-10 Year Treasury Bond ETF by 5.1% in the 3rd quarter. AIA Group Ltd now owns 420,440 shares of the exchange traded fund’s stock valued at $40,556,000 after purchasing an additional 20,275 shares during the last quarter. Keel Point LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.2% during the third quarter. Keel Point LLC now owns 203,092 shares of the exchange traded fund’s stock valued at $19,590,000 after buying an additional 2,328 shares during the last quarter. Garde Capital Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 5.5% during the third quarter. Garde Capital Inc. now owns 543,491 shares of the exchange traded fund’s stock valued at $52,425,000 after buying an additional 28,282 shares during the last quarter. Allworth Financial LP boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.0% during the third quarter. Allworth Financial LP now owns 2,536 shares of the exchange traded fund’s stock worth $245,000 after buying an additional 1,062 shares during the period. Finally, IFP Advisors Inc grew its holdings in iShares 7-10 Year Treasury Bond ETF by 7.7% in the 3rd quarter. IFP Advisors Inc now owns 68,638 shares of the exchange traded fund’s stock worth $6,621,000 after buying an additional 4,920 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

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. 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.