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

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of unusually large options trading activity on Tuesday. Stock investors purchased 41,231 put options on the stock. This is an increase of approximately 110% compared to the typical volume of 19,600 put options.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. MAI Capital Management grew its position in iShares 7-10 Year Treasury Bond ETF by 17.9% during the third quarter. MAI Capital Management now owns 561,894 shares of the exchange traded fund’s stock valued at $54,200,000 after buying an additional 85,242 shares during the period. Rollins Financial Advisors LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 6.6% during the 3rd quarter. Rollins Financial Advisors LLC now owns 11,123 shares of the exchange traded fund’s stock valued at $1,073,000 after acquiring an additional 686 shares during the period. Optiver Holding B.V. purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 3rd quarter valued at about $24,838,000. M3 Advisory Group LLC increased its stake in shares of iShares 7-10 Year Treasury Bond ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $594,000 after purchasing an additional 125 shares in the last quarter. Finally, Patten Group Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 28.4% in the 3rd quarter. Patten Group Inc. now owns 4,182 shares of the exchange traded fund’s stock worth $403,000 after purchasing an additional 925 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 Price Performance

NASDAQ:IEF traded up $0.28 during mid-day trading on Tuesday, hitting $96.84. The company’s stock had a trading volume of 2,525,745 shares, compared to its average volume of 8,359,763. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.08 and a 1 year high of $97.77. The stock has a market cap of $40.39 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26. The business’s fifty day moving average is $96.80 and its two-hundred day moving average is $95.49.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.3038 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.