iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Sets New 1-Year Low – What’s Next?

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $86.92 and last traded at $86.99, with a volume of 3115820 shares. The stock had previously closed at $87.29.

iShares 20+ Year Treasury Bond ETF Stock Down 1.1 %

The firm has a 50 day moving average of $90.58 and a 200 day moving average of $93.90. The firm has a market cap of $49.46 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond ETF

Large investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.5% in the second quarter. Principal Financial Group Inc. now owns 60,687 shares of the exchange traded fund’s stock worth $5,570,000 after purchasing an additional 13,451 shares in the last quarter. Fund Evaluation Group LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $232,000. Ashton Thomas Private Wealth LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 50.7% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 12,731 shares of the exchange traded fund’s stock valued at $1,168,000 after acquiring an additional 4,281 shares during the period. Choreo LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 104.8% during the second quarter. Choreo LLC now owns 6,747 shares of the exchange traded fund’s stock worth $612,000 after acquiring an additional 3,453 shares in the last quarter. Finally, Lane & Associates LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% in the second quarter. Lane & Associates LLC now owns 17,741 shares of the exchange traded fund’s stock worth $1,628,000 after acquiring an additional 2,422 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Company Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.