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 recipient of unusually large options trading on Friday. Investors purchased 125,923 call options on the company. This is an increase of approximately 565% compared to the typical volume of 18,932 call options.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.7 %

NASDAQ:IEF opened at $91.33 on Friday. The firm’s fifty day simple moving average is $93.47 and its 200 day simple moving average is $95.32. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The firm has a market capitalization of $30.99 billion, a PE ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.3075 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date was Wednesday, December 18th.

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

Several large investors have recently bought and sold shares of the stock. CWM LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 109.5% during the third quarter. CWM LLC now owns 135,281 shares of the exchange traded fund’s stock worth $13,274,000 after buying an additional 70,696 shares during the last quarter. Lake Hills Wealth Management LLC raised its holdings in iShares 7-10 Year Treasury Bond ETF by 27.6% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 68,823 shares of the exchange traded fund’s stock valued at $6,753,000 after acquiring an additional 14,906 shares during the period. Axxcess Wealth Management LLC boosted its stake in iShares 7-10 Year Treasury Bond ETF by 62.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 19,498 shares of the exchange traded fund’s stock worth $1,913,000 after purchasing an additional 7,508 shares during the period. Stablepoint Partners LLC increased its holdings in iShares 7-10 Year Treasury Bond ETF by 34.3% during the 3rd quarter. Stablepoint Partners LLC now owns 23,186 shares of the exchange traded fund’s stock worth $2,275,000 after acquiring an additional 5,916 shares during the period. Finally, Van ECK Associates Corp bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at $35,000. 81.48% of the stock is currently owned by institutional investors.

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.