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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw unusually large options trading activity on Monday. Traders purchased 64,059 call options on the stock. This represents an increase of approximately 88% compared to the average volume of 34,135 call options.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

iShares 7-10 Year Treasury Bond ETF stock opened at $96.09 on Tuesday. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $92.08 and a 12 month high of $97.77. The stock has a market cap of $46.93 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business has a 50 day moving average price of $96.20 and a two-hundred day moving average price of $96.36.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.312 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

A number of large investors have recently bought and sold shares of IEF. Bison Wealth LLC grew its stake in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock worth $19,602,000 after buying an additional 113,663 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 203.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 150,703 shares of the exchange traded fund’s stock worth $14,433,000 after buying an additional 101,062 shares during the period. Muirfield Wealth Advisors LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $5,386,000. Strategic Point Investment Advisors LLC lifted its stake in iShares 7-10 Year Treasury Bond ETF by 0.9% in the second quarter. Strategic Point Investment Advisors LLC now owns 149,766 shares of the exchange traded fund’s stock valued at $14,343,000 after buying an additional 1,381 shares during the period. Finally, CWM LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.1% in the 2nd quarter. CWM LLC now owns 117,482 shares of the exchange traded fund’s stock valued at $11,251,000 after acquiring an additional 4,614 shares during the period. 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. 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.