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 some unusual options trading activity on Friday. Traders bought 306,943 put options on the stock. This represents an increase of approximately 735% compared to the typical volume of 36,754 put options.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF opened at $94.88 on Friday. The company has a market cap of $46.34 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s 50 day moving average price is $96.36 and its 200-day moving average price is $96.58. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.79 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2828 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bison Wealth LLC boosted its position 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 purchasing an additional 113,663 shares in the last quarter. Allworth Financial LP increased its position in iShares 7-10 Year Treasury Bond ETF by 14.0% during the 2nd quarter. Allworth Financial LP now owns 1,474 shares of the exchange traded fund’s stock valued at $141,000 after buying an additional 181 shares in the last quarter. Real Talk Capital LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 2.1% in the second quarter. Real Talk Capital LLC now owns 11,515 shares of the exchange traded fund’s stock valued at $1,103,000 after buying an additional 242 shares during the last quarter. NFP Retirement Inc. raised its stake in iShares 7-10 Year Treasury Bond ETF by 35.2% in the second quarter. NFP Retirement Inc. now owns 14,816 shares of the exchange traded fund’s stock valued at $1,419,000 after buying an additional 3,861 shares during the last quarter. Finally, Miller Financial Services LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 19.5% in the second quarter. Miller Financial Services LLC now owns 37,145 shares of the exchange traded fund’s stock worth $3,557,000 after acquiring an additional 6,061 shares in the last quarter. 81.48% of the stock is 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.