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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw unusually large options trading activity on Friday. Traders purchased 125,923 call options on the stock. This represents an increase of approximately 565% compared to the average volume of 18,932 call options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Logan Capital Management Inc. acquired a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $34,000. Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $35,000. Dunhill Financial LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $38,000. Finally, Rakuten Securities Inc. increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 45.1% in the third quarter. Rakuten Securities Inc. now owns 492 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 153 shares in the last quarter. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.6 %

iShares 7-10 Year Treasury Bond ETF stock traded down $0.57 during mid-day trading on Friday, hitting $91.43. 3,855,839 shares of the company were exchanged, compared to its average volume of 4,546,147. The company has a market capitalization of $31.02 billion, a PE ratio of -21.67 and a beta of 0.05. The business has a fifty day moving average of $93.52 and a 200 day moving average of $95.33. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 4.04%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.