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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of some unusual options trading activity on Friday. Stock investors bought 85,568 put options on the company. This represents an increase of 53% compared to the average volume of 55,788 put options.

Hedge Funds Weigh In On iShares 7-10 Year Treasury Bond ETF

A number of hedge funds have recently modified their holdings of IEF. First Heartland Consultants Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 4.3% during the third quarter. First Heartland Consultants Inc. now owns 8,015 shares of the exchange traded fund’s stock valued at $716,000 after acquiring an additional 333 shares during the last quarter. Invariant Investment Management increased its holdings in iShares 7-10 Year Treasury Bond ETF by 6.1% during the 3rd quarter. Invariant Investment Management now owns 295,577 shares of the exchange traded fund’s stock valued at $26,321,000 after purchasing an additional 17,123 shares during the period. Hamilton Capital LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 18.4% during the 3rd quarter. Hamilton Capital LLC now owns 7,223 shares of the exchange traded fund’s stock valued at $645,000 after purchasing an additional 1,120 shares during the period. Farther Finance Advisors LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 15.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 43,430 shares of the exchange traded fund’s stock valued at $3,879,000 after purchasing an additional 5,666 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 179.1% in the 3rd quarter. CoreCap Advisors LLC now owns 8,040 shares of the exchange traded fund’s stock worth $718,000 after buying an additional 5,159 shares during the period. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $89.45 on Friday. The firm has a market cap of $41.65 billion, a P/E ratio of -22.00 and a beta of 0.26. The firm’s fifty day moving average is $91.69 and its 200 day moving average is $93.45. iShares 7-10 Year Treasury Bond ETF has a 52 week low of $88.64 and a 52 week high of $98.04.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.3069 per share. The ex-dividend date was Thursday, October 1st. This represents a $3.68 annualized dividend and a yield of 4.1%. This is a drop from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.3320.

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.