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 target of unusually large options trading on Thursday. Traders bought 70,320 call options on the company. This represents an increase of approximately 249% compared to the typical daily volume of 20,150 call options.

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

A number of institutional investors and hedge funds have recently made changes to their positions in IEF. Diversify Advisory Services LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the first quarter worth $1,169,000. Values First Advisors Inc. boosted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 4.4% in the second quarter. Values First Advisors Inc. now owns 32,278 shares of the exchange traded fund’s stock valued at $3,023,000 after acquiring an additional 1,365 shares in the last quarter. Stanley Laman Group Ltd. acquired a new position in shares of iShares 7-10 Year Treasury Bond ETF during the second quarter worth about $274,000. Raymond James & Associates raised its holdings in iShares 7-10 Year Treasury Bond ETF by 4.6% during the second quarter. Raymond James & Associates now owns 6,346,855 shares of the exchange traded fund’s stock worth $594,383,000 after purchasing an additional 281,554 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the second quarter valued at about $1,016,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.3 %

Shares of NASDAQ IEF traded up $0.33 during trading hours on Thursday, reaching $95.22. The stock had a trading volume of 2,993,948 shares, compared to its average volume of 7,696,718. The firm has a 50-day moving average of $97.40 and a 200-day moving average of $95.01. The firm has a market cap of $33.76 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $89.15 and a fifty-two week high of $99.18.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2882 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.