Traders Purchase High Volume of Call Options on iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw some unusual options trading on Monday. Stock traders acquired 64,059 call options on the company. This is an increase of approximately 88% compared to the average volume of 34,135 call options.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Grey Fox Wealth Advisors LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $27,000. Asset Dedication LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter worth 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 valued at $29,000. Finally, Balentine LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $29,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $96.51 on Wednesday. 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 $47.14 billion, a P/E ratio of -22.00 and a beta of 0.26. The stock’s 50 day moving average price is $96.19 and its 200 day moving average price is $96.37.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

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

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.