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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading on Tuesday. Investors bought 49,795 put options on the stock. This is an increase of approximately 54% compared to the average volume of 32,351 put options.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEF opened at $95.53 on Wednesday. The business’s fifty day moving average price is $96.31 and its two-hundred day moving average price is $96.33. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $92.08 and a fifty-two week high of $97.77. The stock has a market capitalization of $45.74 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be given a dividend of $0.312 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Bison Wealth LLC boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% in the 4th quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after acquiring an additional 113,663 shares in the last quarter. OLD National Bancorp IN bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $251,000. CPR Investments Inc. boosted its stake in iShares 7-10 Year Treasury Bond ETF by 61.3% in the second quarter. CPR Investments Inc. now owns 34,649 shares of the exchange traded fund’s stock worth $3,318,000 after purchasing an additional 13,168 shares in the last quarter. Plimoth Trust Co. LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 6.6% in the second quarter. Plimoth Trust Co. LLC now owns 2,563 shares of the exchange traded fund’s stock worth $245,000 after purchasing an additional 158 shares in the last quarter. Finally, Joule Financial LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 0.7% during the second quarter. Joule Financial LLC now owns 169,407 shares of the exchange traded fund’s stock worth $16,224,000 after purchasing an additional 1,097 shares during the last quarter. 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.