iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Hits New 1-Year Low – Should You Sell?

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) reached a new 52-week low during trading on Monday . The stock 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 Price Performance

The stock has a fifty day simple moving average of $90.80 and a two-hundred day simple moving average of $94.00. The firm has a market capitalization of $50.08 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.84%. This is a positive change 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

A number of large investors have recently bought and sold shares of TLT. Principal Financial Group Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during 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 purchasing an additional 27,586 shares during the period. Vontobel Holding Ltd. raised its stake in iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after buying an additional 36,070 shares during the period. RPg Family Wealth Advisory LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 11.5% in the second quarter. RPg Family Wealth Advisory LLC now owns 24,583 shares of the exchange traded fund’s stock worth $2,256,000 after acquiring an additional 2,541 shares in the last quarter. Full Sail Capital LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 5.3% in 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 acquiring an additional 3,530 shares during the period. Finally, Commerce Bank increased its holdings 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 acquiring an additional 2,426 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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.