iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Sets New 1-Year Low – Time to Sell?

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

iShares 20+ Year Treasury Bond ETF Price Performance

The firm has a 50-day moving average of $90.22 and a 200 day moving average of $93.73. The stock has a market capitalization of $49.51 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This is a boost 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 4.94%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Elevated Capital Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $468,000. Consilio Wealth Advisors LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 4.4% in the fourth quarter. Consilio Wealth Advisors LLC now owns 31,071 shares of the exchange traded fund’s stock valued at $2,713,000 after buying an additional 1,315 shares during the last quarter. Persium Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $8,080,000. Claro Advisors LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after buying an additional 149 shares during the last quarter. Finally, Cooper Financial Group lifted its holdings in iShares 20+ Year Treasury Bond ETF by 6.0% during the 4th quarter. Cooper Financial Group now owns 50,298 shares of the exchange traded fund’s stock worth $4,393,000 after purchasing an additional 2,851 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

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.