iShares 3-7 Year Treasury Bond ETF Sees Unusually Large Options Volume (NASDAQ:IEI)

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the recipient of unusually large options trading on Wednesday. Traders acquired 20,010 put options on the stock. This represents an increase of approximately 5,071% compared to the typical volume of 387 put options.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2%

Shares of iShares 3-7 Year Treasury Bond ETF stock traded up $0.26 during trading on Wednesday, hitting $117.00. 1,376,095 shares of the company’s stock traded hands, compared to its average volume of 1,764,541. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $116.43 and a 1 year high of $120.78. The business has a 50-day simple moving average of $117.22 and a 200-day simple moving average of $118.43.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3625 dividend. The ex-dividend date was Wednesday, July 1st.

Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after acquiring an additional 2,627,948 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares 3-7 Year Treasury Bond ETF by 54.6% in the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock worth $674,433,000 after purchasing an additional 1,992,633 shares during the period. JPMorgan Chase & Co. lifted its position in iShares 3-7 Year Treasury Bond ETF by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after purchasing an additional 1,180,896 shares in the last quarter. Dynasty Wealth Management LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 97.3% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock valued at $139,699,000 after purchasing an additional 577,371 shares during the period. Finally, OpenArc Corporate Advisory LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $67,139,000.

iShares 3-7 Year Treasury Bond ETF Company Profile

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.