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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading on Tuesday. Stock traders bought 82,364 call options on the company. This is an increase of 339% compared to the average daily volume of 18,766 call options.

Institutional Investors Weigh In On iShares 7-10 Year Treasury Bond ETF

Several institutional investors have recently made changes to their positions in the stock. Silicon Valley Capital Partners bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter valued at about $32,000. Wayfinding Financial LLC purchased a new position in iShares 7-10 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $37,000. WFA of San Diego LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $40,000. Finally, Morton Brown Family Wealth LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter worth $42,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0%

iShares 7-10 Year Treasury Bond ETF stock opened at $97.72 on Thursday. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $91.08 and a 52 week high of $97.77. The company’s 50 day moving average price is $96.48 and its two-hundred day moving average price is $95.26. The stock has a market cap of $39.24 billion, a P/E ratio of -22.00 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Wednesday, October 1st.

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.