Elevated Call Option Activity in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

On October 26, 2024, traders engaged in a significant amount of options trading within the iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF). There was a notable increase in the purchase of call options, with a total of 70,320 contracts traded. This figure marks an impressive surge of approximately 249% compared to the typical trading volume of 20,150 call options for this fund.

Current Performance of iShares 7-10 Year Treasury Bond ETF

As of Friday, shares of NASDAQ IEF opened at a price of $94.89. The ETF holds a market capitalization of $33.64 billion, and it has a P/E ratio of -21.67, alongside a beta value of 0.05. Evaluating its performance over the past days, the ETF has a 50-day simple moving average of $97.32 and a 200-day simple moving average of $95.02. In the past year, the ETF has faced some fluctuations, with a low of $89.33 and a high of $99.18 over the same period.

Dividend Announcement from iShares 7-10 Year Treasury Bond ETF

Recently, the iShares 7-10 Year Treasury Bond ETF made an announcement regarding its dividend distribution. A dividend of $0.2882 per share was paid to shareholders on September 6, 2024, with the record date set for September 3, 2024. Investors were informed that the ex-dividend date was also September 3rd.

Recent Institutional Activity Involving iShares 7-10 Year Treasury Bond ETF

Several hedge funds have recently adjusted their positions in the iShares 7-10 Year Treasury Bond ETF, demonstrating a growing interest in the fund. For instance, Diversify Advisory Services LLC initiated a new investment in the ETF during the first quarter, valued at around $1,169,000. Meanwhile, Values First Advisors Inc. increased its stake by 4.4% in the second quarter, now holding 32,278 shares worth approximately $3,023,000. Other notable transactions include the Stanley Laman Group Ltd. acquiring new shares valued at about $274,000 and Raymond James & Associates boosting their position by 4.6%, holding 6,346,855 shares worth $594,383,000. Institutional investors collectively own 81.48% of the ETF’s shares.

Overview of iShares 7-10 Year Treasury Bond ETF

The iShares 7-10 Year Treasury Bond ETF is designed to track the performance of an index composed of U.S. Treasury bonds that have remaining maturities between seven and ten years. The fund aims to replicate the investment results of the Barclays U.S.

traders, options, ETF