Investors Buy Large Volume of iShares 7-10 Year Treasury Bond ETF Call Options (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of some unusual options trading on Thursday. Stock traders purchased 108,205 call options on the company. This represents an increase of approximately 364% compared to the average volume of 23,299 call options.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Barings LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% in the second quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock worth $61,575,000 after purchasing an additional 13,550 shares during the period. Advyzon Investment Management LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $498,000. WBH Advisory Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 73.9% in the 2nd quarter. WBH Advisory Inc. now owns 18,480 shares of the exchange traded fund’s stock worth $1,770,000 after acquiring an additional 7,854 shares during the last quarter. Joel Adams & Associates Inc. increased its stake in iShares 7-10 Year Treasury Bond ETF by 3.1% in the 2nd quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after acquiring an additional 123 shares during the last quarter. Finally, Aspect Partners LLC raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 9,256.8% in the 2nd quarter. Aspect Partners LLC now owns 20,585 shares of the exchange traded fund’s stock valued at $1,971,000 after acquiring an additional 20,365 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.5%

IEF stock opened at $96.24 on Friday. The stock has a market capitalization of $40.14 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.08 and a 12 month high of $97.77. The firm has a 50-day moving average price of $96.90 and a 200-day moving average price of $95.96.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a $0.3127 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, December 19th. This is a positive change 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. 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.