Stock Traders Buy High Volume of Put Options on iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIGet Free Report) was the recipient of some unusual options trading on Tuesday. Stock investors bought 10,001 put options on the company. This is an increase of 2,596% compared to the average volume of 371 put options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Valmark Advisers Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 2.5% in the 4th quarter. Valmark Advisers Inc. now owns 3,590 shares of the company’s stock valued at $420,000 after buying an additional 89 shares in the last quarter. BOKF NA lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% during the 4th quarter. BOKF NA now owns 8,365 shares of the company’s stock valued at $980,000 after acquiring an additional 89 shares during the period. Center For Asset Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Center For Asset Management LLC now owns 8,578 shares of the company’s stock valued at $971,000 after acquiring an additional 90 shares during the period. Element Wealth LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Element Wealth LLC now owns 5,510 shares of the company’s stock valued at $624,000 after acquiring an additional 91 shares during the period. Finally, HBK Sorce Advisory LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% during the 1st quarter. HBK Sorce Advisory LLC now owns 3,472 shares of the company’s stock valued at $613,000 after acquiring an additional 94 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ IEI opened at $115.74 on Wednesday. The stock’s fifty day moving average price is $115.90 and its two-hundred day moving average price is $114.93. iShares 3-7 Year Treasury Bond ETF has a one year low of $111.45 and a one year high of $119.57.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were issued a $0.2749 dividend. This represents a $3.30 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date was Friday, March 1st.

About iShares 3-7 Year Treasury Bond ETF

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iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).

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