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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading activity on Thursday. Investors bought 33,149 call options on the company. This represents an increase of approximately 67% compared to the typical volume of 19,818 call options.

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 the stock. Fisher Asset Management LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 52.1% during the third quarter. Fisher Asset Management LLC now owns 87,662,438 shares of the exchange traded fund’s stock valued at $8,455,919,000 after buying an additional 30,011,547 shares during the last quarter. Jones Financial Companies Lllp raised its position in iShares 7-10 Year Treasury Bond ETF by 4,057.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,899,503 shares of the exchange traded fund’s stock valued at $181,156,000 after buying an additional 1,853,812 shares during the last quarter. Peavine Capital LLC bought a new position in iShares 7-10 Year Treasury Bond ETF during the 2nd quarter valued at $160,837,000. JPMorgan Chase & Co. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 28,076,649 shares of the exchange traded fund’s stock worth $2,677,872,000 after acquiring an additional 1,333,142 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares 7-10 Year Treasury Bond ETF by 18.2% in the 1st quarter. LPL Financial LLC now owns 4,376,591 shares of the exchange traded fund’s stock worth $417,395,000 after acquiring an additional 673,678 shares in the last quarter. 81.48% of the stock is owned by institutional investors.

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

IEF traded down $0.11 during trading on Thursday, hitting $96.78. 7,956,973 shares of the company’s stock were exchanged, compared to its average volume of 8,360,151. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.08 and a fifty-two week high of $97.77. The stock has a market cap of $40.36 billion, a P/E ratio of -22.00 and a beta of 0.26. The business’s 50 day moving average is $96.85 and its two-hundred day moving average is $95.51.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.