iShares 7-10 Year Treasury Bond ETF Target of Unusually High Options Trading (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of unusually large options trading activity on Thursday. Investors bought 33,149 call options on the stock. This represents an increase of approximately 67% compared to the typical daily volume of 19,818 call options.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.3%

Shares of iShares 7-10 Year Treasury Bond ETF stock opened at $96.60 on Friday. The firm has a market cap of $40.29 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The business has a 50-day moving average price of $96.85 and a 200-day moving average price of $95.51.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.3038 per share. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. GeoWealth Management LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 4.0% in the third quarter. GeoWealth Management LLC now owns 12,967 shares of the exchange traded fund’s stock worth $1,251,000 after purchasing an additional 499 shares during the last quarter. SeaCrest Wealth Management LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $740,000. Quadrature Capital Ltd purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $5,942,000. Betterment LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 77.5% in the 3rd quarter. Betterment LLC now owns 132,765 shares of the exchange traded fund’s stock worth $12,807,000 after buying an additional 57,963 shares during the last quarter. Finally, Seven Mile Advisory raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 7,059.6% during the 3rd quarter. Seven Mile Advisory now owns 179,062 shares of the exchange traded fund’s stock valued at $17,272,000 after buying an additional 176,561 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors.

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.