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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw some unusual options trading activity on Monday. Stock traders purchased 26,817 put options on the company. This represents an increase of 49% compared to the typical daily volume of 17,990 put options.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Walleye Capital LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 100.9% in the third quarter. Walleye Capital LLC now owns 2,414 shares of the exchange traded fund’s stock valued at $237,000 after purchasing an additional 280,000 shares during the period. Arete Wealth Advisors LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 1.7% in the 3rd quarter. Arete Wealth Advisors LLC now owns 197,107 shares of the exchange traded fund’s stock worth $19,310,000 after buying an additional 3,373 shares during the last quarter. Wellington Management Group LLP purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $24,998,000. Insigneo Advisory Services LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 5.1% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,194 shares of the exchange traded fund’s stock valued at $313,000 after buying an additional 156 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at about $162,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Price Performance

iShares 7-10 Year Treasury Bond ETF stock opened at $94.93 on Wednesday. The stock has a market capitalization of $35.07 billion, a P/E ratio of -22.63 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The firm’s 50-day moving average is $94.30 and its two-hundred day moving average is $94.24.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.3037 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.64 dividend on an annualized basis and a yield of 3.84%.

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.