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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of unusually large options trading on Monday. Stock traders acquired 26,817 put options on the company. This represents an increase of approximately 49% compared to the typical daily volume of 17,990 put options.

iShares 7-10 Year Treasury Bond ETF Price Performance

NASDAQ IEF opened at $94.93 on Wednesday. The business has a 50 day moving average price of $94.30 and a 200 day moving average price of $94.24. The company has a market capitalization of $35.07 billion, a P/E ratio of -22.63 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $91.02 and a 1-year high of $99.18.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.3037 per share. This represents a $3.64 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend was Tuesday, April 1st.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Fisher Asset Management LLC raised its position in iShares 7-10 Year Treasury Bond ETF by 18.2% during the fourth quarter. Fisher Asset Management LLC now owns 49,220,000 shares of the exchange traded fund’s stock worth $4,550,389,000 after acquiring an additional 7,566,487 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after purchasing an additional 7,579,169 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the 4th quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after purchasing an additional 15,621,963 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at approximately $725,489,000. Finally, Blue Trust Inc. grew its holdings in iShares 7-10 Year Treasury Bond ETF by 9.9% during the 4th quarter. Blue Trust Inc. now owns 5,497,557 shares of the exchange traded fund’s stock valued at $508,249,000 after buying an additional 497,208 shares during the last quarter. 81.48% of the stock is currently owned by hedge funds and other 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.