Traders Purchase High Volume of iShares 3-7 Year Treasury Bond ETF Call Options (NASDAQ:IEI)

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw some unusual options trading activity on Friday. Traders bought 4,007 call options on the company. This is an increase of approximately 488% compared to the typical volume of 682 call options.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IEI. Fisher Asset Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $264,000. Nwam LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 96.4% in the 4th quarter. Nwam LLC now owns 12,542 shares of the company’s stock valued at $1,449,000 after acquiring an additional 6,156 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at $682,000. Principal Securities Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 2.6% during the 4th quarter. Principal Securities Inc. now owns 6,712 shares of the company’s stock worth $776,000 after purchasing an additional 172 shares during the period. Finally, Silverleafe Capital Partners LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $1,829,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.5 %

Shares of IEI stock opened at $117.99 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The company has a 50 day moving average price of $116.66 and a 200 day moving average price of $116.86.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.3038 per share. The ex-dividend date was Monday, March 3rd.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).