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 target of unusually large options trading on Monday. Traders acquired 64,059 call options on the stock. This represents an increase of 88% compared to the average daily volume of 34,135 call options.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF traded down $0.06 during trading on Monday, reaching $96.02. 3,296,454 shares of the company traded hands, compared to its average volume of 9,085,105. The company has a market cap of $46.89 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 $92.08 and a 12-month high of $97.77. The firm has a fifty day simple moving average of $96.21 and a 200 day simple moving average of $96.35.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.312 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Several hedge funds have recently bought and sold shares of IEF. Fisher Asset Management LLC lifted its position in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% in the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock worth $8,455,919,000 after buying an additional 30,011,547 shares in the last quarter. Ameriprise Financial Inc. increased its position in iShares 7-10 Year Treasury Bond ETF by 28.2% during the third quarter. Ameriprise Financial Inc. now owns 14,950,581 shares of the exchange traded fund’s stock valued at $1,443,272,000 after acquiring an additional 3,291,267 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,820,353 shares of the exchange traded fund’s stock valued at $1,236,651,000 after purchasing an additional 375,479 shares during the last quarter. Captrust Financial Advisors grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Captrust Financial Advisors now owns 9,991,736 shares of the exchange traded fund’s stock valued at $956,908,000 after purchasing an additional 495,772 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in iShares 7-10 Year Treasury Bond ETF by 0.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,487,110 shares of the exchange traded fund’s stock worth $816,120,000 after purchasing an additional 72,188 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 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.