Traders Show Increased Interest in iShares 7-10 Year Treasury Bond ETF Call Options
The iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) experienced significant activity in its options trading on Thursday, October 26th, 2024. Traders purchased a remarkable 70,320 call options, reflecting a staggering increase of about 249% when compared to the usual volume of 20,150 call options.
Price Performance of iShares 7-10 Year Treasury Bond ETF
As of Friday, shares of the iShares fund opened at $94.89. The ETF has a market capitalization of approximately $33.64 billion. Its price-to-earnings (P/E) ratio stands at -21.67, and it has a beta of 0.05, indicating low volatility relative to the market. The 50-day simple moving average for the ETF is $97.32, while the two-hundred-day simple moving average is $95.02. Over the past year, the ETF has reached a low of $89.33 and a high of $99.18, illustrating some fluctuation in its price points.
Dividend Announcement for iShares 7-10 Year Treasury Bond ETF
Recently, the ETF announced a dividend that was disbursed on Friday, September 6th. Shareholders on record as of Tuesday, September 3rd, received a dividend payment of $0.2882 per share, with the ex-dividend date being the same day.
Hedge Fund Investments in iShares 7-10 Year Treasury Bond ETF
In recent months, multiple hedge funds have taken positions in the iShares 7-10 Year Treasury Bond ETF. For example, Diversify Advisory Services LLC established a new position in the first quarter, investing approximately $1,169,000. Values First Advisors Inc. increased its stake in the ETF by 4.4% in the second quarter, now holding a total of 32,278 shares valued at about $3,023,000. Another hedge fund, Stanley Laman Group Ltd., purchased a new position during the second quarter, approximately valued at $274,000. Additionally, Raymond James & Associates raised its investment in the ETF by 4.6%, now owning 6,346,855 shares worth around $594,383,000 after an acquisition of 281,554 shares in that period. Lastly, Ballentine Partners LLC also joined by buying a new stake valued at approximately $1,016,000. Institutional investors currently own 81.48% of the ETF's stock.
Overview of the iShares 7-10 Year Treasury Bond ETF
The iShares 7-10 Year Treasury Bond ETF is an exchange-traded fund designed to track the investment outcomes of an index comprised of U.S. Treasury bonds with maturities ranging from seven to ten years. This ETF seeks to replicate the investment results of the Barclays U.S.
Traders, ETF, Options