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 recipient of unusually large options trading on Monday. Traders bought 82,946 put options on the company. This is an increase of 81% compared to the typical volume of 45,917 put options.

iShares 7-10 Year Treasury Bond ETF Price Performance

Shares of iShares 7-10 Year Treasury Bond ETF stock traded down $0.02 during trading hours on Monday, reaching $93.60. The company had a trading volume of 3,341,238 shares, compared to its average volume of 9,484,300. iShares 7-10 Year Treasury Bond ETF has a one year low of $92.94 and a one year high of $98.04. The business has a fifty day simple moving average of $94.76 and a 200 day simple moving average of $95.83. The firm has a market cap of $47.75 billion, a PE ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3172 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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

A number of large investors have recently made changes to their positions in IEF. Elevated Capital Advisors LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter worth $25,000. Windsor Advisory Group LLC bought a new stake in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at $27,000. IFC & Insurance Marketing Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the fourth quarter valued at $28,000. Balentine LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. Finally, Asset Dedication LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $29,000. 81.48% of the stock is owned by institutional investors.

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.