iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Hits New 52-Week Low – Time to Sell?

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $86.98 and last traded at $87.02, with a volume of 1522495 shares changing hands. The stock had previously closed at $87.50.

iShares 20+ Year Treasury Bond ETF Price Performance

The stock has a market capitalization of $56.42 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a 50-day moving average of $91.83 and a two-hundred day moving average of $94.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.84%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

A number of institutional investors have recently modified their holdings of TLT. ORG Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $35,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $35,000. Anfield Capital Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $36,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $42,000. Finally, Ridgewood Investments LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $42,000. 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.