iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Stock Sees Unusually High Put Option Buying

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of unusually large options trading on Friday. Stock traders bought 85,568 put options on the company. This is an increase of approximately 53% compared to the typical volume of 55,788 put options.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IEF. Windsor Advisory Group LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF during the 1st quarter worth approximately $27,000. Compass Financial Management LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth $29,000. Strive Financial Group LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 483.0% in the second quarter. Strive Financial Group LLC now owns 309 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 256 shares during the last quarter. Navigoe LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the first quarter valued at $33,000. Finally, Cape Investment Advisory Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.1%

Shares of NASDAQ IEF opened at $89.40 on Friday. The business’s 50 day moving average price is $91.61 and its 200 day moving average price is $93.42. The firm has a market cap of $41.27 billion, a P/E ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3069 per share. This represents a $3.68 annualized dividend and a yield of 4.1%. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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.