iShares 3-7 Year Treasury Bond ETF Sees Unusually Large Options Volume (NASDAQ:IEI)

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the target of unusually large options trading activity on Wednesday. Traders bought 20,010 put options on the stock. This is an increase of approximately 5,071% compared to the typical daily volume of 387 put options.

Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Trust Co raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Charles Schwab Trust Co now owns 2,865 shares of the company’s stock worth $336,000 after purchasing an additional 134 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in iShares 3-7 Year Treasury Bond ETF by 7.3% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,379 shares of the company’s stock valued at $2,159,000 after purchasing an additional 1,258 shares in the last quarter. Warner Financial Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 2.7% in the second quarter. Warner Financial Inc. now owns 28,092 shares of the company’s stock worth $3,299,000 after buying an additional 734 shares during the last quarter. World Equity Group Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter worth about $207,000. Finally, Wealthcare Capital Management LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.6% in the second quarter. Wealthcare Capital Management LLC now owns 98,380 shares of the company’s stock worth $11,555,000 after buying an additional 1,559 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI traded up $0.26 during midday trading on Wednesday, reaching $117.00. The company’s stock had a trading volume of 1,376,095 shares, compared to its average volume of 1,764,541. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.43 and a 1 year high of $120.78. The stock’s 50-day moving average is $117.22 and its 200-day moving average is $118.43.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3625 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.