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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw unusually large options trading activity on Monday. Investors purchased 73,355 put options on the company. This represents an increase of 194% compared to the average volume of 24,950 put options.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF stock opened at $96.48 on Wednesday. The stock has a market cap of $40.24 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s 50 day moving average price is $96.75 and its two-hundred day moving average price is $96.09. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.77.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bison Wealth LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 115.6% during the 4th 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. DRW Securities LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $1,430,000. Ewing Morris & Co. Investment Partners Ltd. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 1st quarter valued at $631,000. MAI Capital Management grew its holdings in iShares 7-10 Year Treasury Bond ETF by 7.8% in the 1st quarter. MAI Capital Management now owns 470,457 shares of the exchange traded fund’s stock valued at $44,868,000 after buying an additional 34,043 shares in the last quarter. Finally, Betterment LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 54.2% during the 1st quarter. Betterment LLC now owns 73,734 shares of the exchange traded fund’s stock worth $7,032,000 after buying an additional 25,904 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.