iShares 7-10 Year Treasury Bond ETF Sees Unusually Large Options Volume (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of unusually large options trading on Thursday. Stock investors bought 73,332 call options on the company. This represents an increase of approximately 101% compared to the typical volume of 36,508 call options.

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

Several hedge funds have recently added to or reduced their stakes in IEF. Windsor Advisory Group LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 4th quarter valued at $28,000. Strive Financial Group LLC raised its position in shares of 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 purchasing an additional 256 shares during the last quarter. Compass Financial Management LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $29,000. 81.48% of the stock is currently owned by institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.2%

iShares 7-10 Year Treasury Bond ETF stock traded up $0.20 during midday trading on Thursday, hitting $92.39. The stock had a trading volume of 3,599,623 shares, compared to its average volume of 8,547,365. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.04 and a 52-week high of $98.04. The company has a market capitalization of $46.88 billion, a PE ratio of -22.00 and a beta of 0.26. The firm’s fifty day moving average is $93.38 and its two-hundred day moving average is $94.58.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a $0.332 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend is Tuesday, September 1st.

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.