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 recipient of unusually large options trading activity on Tuesday. Stock traders purchased 30,544 put options on the stock. This represents an increase of approximately 91% compared to the typical volume of 15,980 put options.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ:IEF opened at $94.65 on Wednesday. The firm has a market cap of $32.61 billion, a P/E ratio of -21.67 and a beta of 0.05. The firm’s fifty day moving average is $92.65 and its 200-day moving average is $94.85. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.02 and a 52 week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2964 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IEF. Logan Capital Management Inc. purchased a new position in iShares 7-10 Year Treasury Bond ETF during the third quarter worth about $25,000. Montag A & Associates Inc. boosted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 113.5% in the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 160 shares during the last quarter. BankPlus Trust Department bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter worth $34,000. Finally, Van ECK Associates Corp purchased a new position in iShares 7-10 Year Treasury Bond ETF in the third quarter worth $35,000. 81.48% of the stock is owned by institutional investors.

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.