Investors Purchase Large Volume of Put Options on iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading activity on Friday. Traders acquired 70,432 put options on the company. This is an increase of approximately 134% compared to the average volume of 30,109 put options.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.4%

iShares 7-10 Year Treasury Bond ETF stock opened at $95.93 on Friday. The company has a 50 day moving average of $96.56 and a 200-day moving average of $96.20. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $92.08 and a twelve month high of $97.77. The stock has a market capitalization of $45.90 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3127 per share. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HUB Investment Partners LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.1% during the 3rd quarter. HUB Investment Partners LLC now owns 9,448 shares of the exchange traded fund’s stock valued at $911,000 after purchasing an additional 104 shares during the last quarter. Spirit of America Management Corp NY grew its holdings in iShares 7-10 Year Treasury Bond ETF by 1.7% during the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock worth $606,000 after acquiring an additional 105 shares in the last quarter. FDx Advisors Inc. raised its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.8% in the second quarter. FDx Advisors Inc. now owns 2,349 shares of the exchange traded fund’s stock valued at $225,000 after buying an additional 107 shares during the last quarter. SouthState Corp lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the 2nd quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 120 shares during the period. Finally, Joel Adams & Associates Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 3.1% during the second quarter. Joel Adams & Associates Inc. now owns 4,116 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 123 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other 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.