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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of unusually large options trading activity on Wednesday. Traders bought 34,986 put options on the stock. This represents an increase of approximately 49% compared to the typical volume of 23,434 put options.

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

Several hedge funds have recently bought and sold shares of IEF. Grey Fox Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $27,000. Balentine LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $29,000. Asset Dedication LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth approximately $29,000. Finally, Cornerstone Planning Group LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 249.4% in the third quarter. Cornerstone Planning Group LLC now owns 311 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 222 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $97.59 on Wednesday. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The company has a market cap of $40.70 billion, a PE ratio of -22.00 and a beta of 0.26. The business’s 50-day simple moving average is $96.83 and its two-hundred day simple moving average is $95.63.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, November 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 7-10 Year Treasury Bond ETF

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.