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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of some unusual options trading activity on Tuesday. Stock traders acquired 82,364 call options on the company. This is an increase of 339% compared to the average daily volume of 18,766 call options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Peavine Capital LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 11.6% in the 3rd quarter. Peavine Capital LLC now owns 1,874,111 shares of the exchange traded fund’s stock worth $180,777,000 after buying an additional 194,700 shares during the period. Woodward Diversified Capital LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 38.4% in the 3rd quarter. Woodward Diversified Capital LLC now owns 6,461 shares of the exchange traded fund’s stock worth $623,000 after buying an additional 1,792 shares during the period. Pacific Wealth Management boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.0% in the 3rd quarter. Pacific Wealth Management now owns 135,483 shares of the exchange traded fund’s stock worth $13,069,000 after buying an additional 1,305 shares during the period. Values First Advisors Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.2% in the 3rd quarter. Values First Advisors Inc. now owns 53,099 shares of the exchange traded fund’s stock worth $5,122,000 after buying an additional 1,155 shares during the period. Finally, GAM Holding AG boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 21.4% in the 3rd quarter. GAM Holding AG now owns 68,000 shares of the exchange traded fund’s stock worth $6,559,000 after buying an additional 12,000 shares during the period. 81.48% of the stock is owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.2%

iShares 7-10 Year Treasury Bond ETF stock opened at $97.70 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The firm has a 50 day moving average price of $96.44 and a 200-day moving average price of $95.24. The company has a market capitalization of $39.24 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.