Traders Buy High Volume of iShares 7-10 Year Treasury Bond ETF Put Options (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of unusually large options trading on Tuesday. Traders acquired 209,159 put options on the stock. This represents an increase of approximately 392% compared to the typical volume of 42,499 put options.

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

IEF stock traded up $0.20 during trading on Tuesday, hitting $94.59. 1,940,486 shares of the company’s stock were exchanged, compared to its average volume of 9,920,839. The business has a 50-day moving average price of $95.83 and a two-hundred day moving average price of $96.31. The stock has a market capitalization of $48.25 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $93.03 and a 52-week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be paid a $0.3125 dividend. The ex-dividend date is Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IEF. Elevated Capital Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $28,000. Balentine LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. Finally, Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at approximately $29,000. 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.