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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading activity on Thursday. Stock traders acquired 70,320 call options on the company. This represents an increase of 249% compared to the average volume of 20,150 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Diversify Advisory Services LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at about $1,169,000. Values First Advisors Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% during the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after acquiring an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $274,000. Raymond James & Associates boosted its stake in iShares 7-10 Year Treasury Bond ETF by 4.6% in the 2nd quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after purchasing an additional 281,554 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,016,000. 81.48% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of IEF opened at $94.89 on Friday. The company has a 50 day moving average of $97.32 and a two-hundred day moving average of $95.02. iShares 7-10 Year Treasury Bond ETF has a twelve month low of $89.33 and a twelve month high of $99.18. The company has a market cap of $33.64 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2882 dividend. The ex-dividend date was Tuesday, September 3rd.

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.