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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw some unusual options trading on Monday. Stock investors bought 82,946 put options on the company. This is an increase of 81% compared to the typical volume of 45,917 put options.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF traded down $0.02 on Monday, hitting $93.60. 3,341,238 shares of the stock traded hands, compared to its average volume of 9,484,300. The business’s fifty day moving average is $94.76 and its two-hundred day moving average is $95.83. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.94 and a 12 month high of $98.04. The firm has a market capitalization of $47.75 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3172 per share. This represents a c) annualized dividend and a yield of 4.1%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, June 1st.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fisher Asset Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 53.8% during the fourth quarter. Fisher Asset Management LLC now owns 134,832,971 shares of the exchange traded fund’s stock valued at $12,965,539,000 after purchasing an additional 47,170,533 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 28.1% during the fourth quarter. JPMorgan Chase & Co. now owns 34,189,868 shares of the exchange traded fund’s stock valued at $3,287,698,000 after purchasing an additional 7,506,518 shares during the period. Bank of America Corp DE grew its holdings in iShares 7-10 Year Treasury Bond ETF by 69.8% during the first quarter. Bank of America Corp DE now owns 22,900,079 shares of the exchange traded fund’s stock valued at $2,185,584,000 after purchasing an additional 9,414,689 shares during the period. Morgan Stanley boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 19.1% in the fourth quarter. Morgan Stanley now owns 17,039,671 shares of the exchange traded fund’s stock worth $1,638,535,000 after acquiring an additional 2,737,040 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 28.2% in the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock worth $1,443,272,000 after acquiring an additional 3,291,267 shares during the period. 81.48% of the stock is owned by institutional investors.

About iShares 7-10 Year Treasury Bond ETF

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.