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

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

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

A number of institutional investors have recently made changes to their positions in IEF. HUB Investment Partners LLC grew its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 1.1% in the third 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 in the last quarter. Spirit of America Management Corp NY boosted its position in iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Spirit of America Management Corp NY now owns 6,280 shares of the exchange traded fund’s stock valued at $606,000 after buying an additional 105 shares during the period. FDx Advisors Inc. grew its stake 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 worth $225,000 after acquiring an additional 107 shares in the last quarter. SouthState Corp increased its position in shares of iShares 7-10 Year Treasury Bond ETF by 4.0% during the second quarter. SouthState Corp now owns 3,145 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 120 shares during the period. Finally, Asset Management Group Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% in the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock valued at $2,275,000 after acquiring an additional 123 shares in the last quarter. 81.48% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares 7-10 Year Treasury Bond ETF stock traded up $0.24 during mid-day trading on Thursday, hitting $96.76. The stock had a trading volume of 5,801,132 shares, compared to its average volume of 8,578,790. The firm has a 50-day moving average of $96.90 and a two-hundred day moving average of $95.94. The firm has a market cap of $40.36 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.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a $0.2884 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, December 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.