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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw unusually large options trading on Monday. Stock investors bought 26,817 put options on the company. This represents an increase of 49% compared to the typical volume of 17,990 put options.

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

Institutional investors have recently added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. Montag A & Associates Inc. lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 160 shares during the period. BankPlus Trust Department bought a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at about $31,000. Wood Tarver Financial Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth about $37,000. Finally, Park Square Financial Group LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the fourth quarter worth about $37,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF traded down $0.72 during mid-day trading on Monday, hitting $95.84. The company’s stock had a trading volume of 19,078,894 shares, compared to its average volume of 7,119,573. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The stock’s 50-day moving average is $94.18 and its two-hundred day moving average is $94.28. The firm has a market capitalization of $35.40 billion, a PE ratio of -22.63 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.3037 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.64 annualized dividend and a dividend yield of 3.80%.

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.