iShares 7-10 Year Treasury Bond ETF Target of Unusually High Options Trading (NASDAQ:IEF)

by · The Markets Daily

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF – Get Free Report) saw unusually large options trading activity on Friday. Stock traders acquired 70,432 put options on the stock. This is an increase of approximately 134% compared to the average volume of 30,109 put options.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. West Paces Advisors Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 7.9% during the third quarter. West Paces Advisors Inc. now owns 286,817 shares of the exchange traded fund’s stock worth $27,666,000 after acquiring an additional 21,060 shares during the period. Capital Investment Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth $631,000. WestEnd Advisors LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 13.9% during the 3rd quarter. WestEnd Advisors LLC now owns 751,166 shares of the exchange traded fund’s stock worth $72,458,000 after purchasing an additional 91,530 shares during the period. Barings LLC increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 2.2% in the 2nd quarter. Barings LLC now owns 642,944 shares of the exchange traded fund’s stock valued at $61,575,000 after purchasing an additional 13,550 shares in the last quarter. Finally, Forefront Wealth Partners LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $2,125,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4%

iShares 7-10 Year Treasury Bond ETF stock traded down $0.37 during mid-day trading on Friday, hitting $95.93. The company had a trading volume of 11,978,317 shares, compared to its average volume of 8,420,722. The company has a market capitalization of $45.90 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $92.08 and a 12-month high of $97.77. The company’s fifty day moving average is $96.58 and its 200-day moving average is $96.19.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.3127 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 19th.

iShares 7-10 Year Treasury Bond ETF Company Profile

(Get Free Report)

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.

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