Stock Traders Purchase Large Volume of Call Options on iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of unusually large options trading activity on Thursday. Traders bought 70,320 call options on the stock. This is an increase of 249% compared to the average volume of 20,150 call options.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF stock opened at $95.10 on Friday. The company has a market capitalization of $33.71 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a one year low of $89.15 and a one year high of $99.18. The company’s 50 day moving average price is $97.36 and its two-hundred day moving average price is $95.01.

iShares 7-10 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2882 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Tsfg LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 314.1% in the first quarter. Tsfg LLC now owns 265 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 201 shares during the period. Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $25,000. Innealta Capital LLC purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $28,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth $36,000. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 20,350.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 409 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 407 shares during the period. 81.48% of the stock is owned by hedge funds and other institutional investors.

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.