Traders Buy High Volume of iShares 7-10 Year Treasury Bond ETF Put Options (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of unusually large options trading activity on Thursday. Stock investors bought 128,783 put options on the company. This represents an increase of 170% compared to the average volume of 47,714 put options.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of IEF traded down $0.23 during midday trading on Thursday, hitting $89.95. The stock had a trading volume of 6,048,581 shares, compared to its average volume of 8,538,945. The firm has a market cap of $41.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The company has a 50 day simple moving average of $92.56 and a two-hundred day simple moving average of $93.96. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $89.84 and a twelve month high of $98.04.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.332 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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

Several hedge funds have recently made changes to their positions in the business. Windsor Advisory Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth $27,000. Strive Financial Group LLC increased its stake in iShares 7-10 Year Treasury Bond ETF by 483.0% in the 2nd quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 256 shares during the last quarter. Compass Financial Management LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $29,000. Navigoe LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth about $33,000. Finally, Cape Investment Advisory Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $34,000. 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.