Traders Purchase 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 unusually large options trading activity on Monday. Stock investors bought 64,059 call options on the company. This is an increase of 88% compared to the typical daily volume of 34,135 call options.

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

A number of institutional investors have recently added to or reduced their stakes in IEF. Elevated Capital Advisors LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter valued at about $27,000. Balentine LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $29,000. Asset Dedication LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the third quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $29,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

NASDAQ IEF traded down $0.06 on Monday, reaching $96.02. 3,296,454 shares of the stock traded hands, compared to its average volume of 9,085,105. 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 has a fifty day moving average price of $96.21 and a 200-day moving average price of $96.35. The company has a market cap of $46.89 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.312 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, February 2nd.

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. 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.