Investors Buy High Volume of iShares 7-10 Year Treasury Bond ETF Put Options (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of some unusual options trading on Monday. Investors purchased 73,355 put options on the stock. This represents an increase of approximately 194% compared to the typical daily volume of 24,950 put options.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Grey Fox Wealth Advisors LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $27,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at approximately $29,000. Measured Wealth Private Client Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Balentine LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $29,000. Finally, Cornerstone Planning Group LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 222 shares during the period. 81.48% of the stock is currently owned by institutional investors.

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

Shares of IEF opened at $96.58 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The firm has a market cap of $40.28 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The stock has a 50 day moving average of $96.78 and a 200-day moving average of $96.08.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

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.