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

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $85.09 and last traded at $85.26, with a volume of 9987840 shares changing hands. The stock had previously closed at $85.46.

iShares 20+ Year Treasury Bond ETF Stock Performance

The firm has a market capitalization of $50.81 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock’s 50 day simple moving average is $89.93 and its 200 day simple moving average is $93.62.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a yield of 4.85%. The ex-dividend date of this dividend was Wednesday, December 18th.

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

Several hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after acquiring an additional 27,586 shares in the last quarter. Vontobel Holding Ltd. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares in the last quarter. RPg Family Wealth Advisory LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 11.5% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 24,583 shares of the exchange traded fund’s stock worth $2,256,000 after purchasing an additional 2,541 shares during the period. Full Sail Capital LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.3% during the second quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock valued at $6,461,000 after purchasing an additional 3,530 shares in the last quarter. Finally, Commerce Bank boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

About iShares 20+ Year Treasury Bond ETF

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.