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 on Thursday. Stock traders bought 33,149 call options on the company. This is an increase of approximately 67% compared to the average volume of 19,818 call options.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ:IEF traded down $0.11 during trading hours on Thursday, reaching $96.78. 7,956,973 shares of the stock were exchanged, compared to its average volume of 8,360,151. The stock has a market cap of $40.36 billion, a PE ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $91.08 and a twelve month high of $97.77. The firm has a 50 day moving average of $96.85 and a 200 day moving average of $95.51.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a $0.3038 dividend. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

Institutional Investors Weigh In On iShares 7-10 Year Treasury Bond ETF

Several hedge funds have recently bought and sold shares of IEF. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after acquiring an additional 30,011,547 shares during the period. Jones Financial Companies Lllp grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 4,057.3% during the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock worth $181,156,000 after purchasing an additional 1,853,812 shares in the last quarter. Peavine Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth approximately $160,837,000. JPMorgan Chase & Co. raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 5.0% in the first quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock valued at $2,677,872,000 after buying an additional 1,333,142 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the first quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock valued at $417,395,000 after buying an additional 673,678 shares during the period. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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.