iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) Sees Large Volume Increase – Here’s Why

iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) saw unusually-strong trading volume on Tuesday . Approximately 3,973,125 shares were traded during mid-day trading, an increase of 154% from the previous session’s volume of 1,562,651 shares.The stock last traded at $98.65 and had previously closed at $99.16.

iShares 10-20 Year Treasury Bond ETF Price Performance

The business’s 50-day moving average is $101.57 and its 200 day moving average is $101.53.

Institutional Investors Weigh In On iShares 10-20 Year Treasury Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares 10-20 Year Treasury Bond ETF by 328.8% in the first quarter. Envestnet Asset Management Inc. now owns 14,346,414 shares of the company’s stock worth $1,488,440,000 after purchasing an additional 11,000,335 shares during the last quarter. Forum Financial Management LP lifted its holdings in iShares 10-20 Year Treasury Bond ETF by 1.8% in the 1st quarter. Forum Financial Management LP now owns 7,653,072 shares of the company’s stock worth $794,006,000 after buying an additional 134,743 shares during the period. Demars Financial Group LLC grew its position in shares of iShares 10-20 Year Treasury Bond ETF by 10,525.8% in the 4th quarter. Demars Financial Group LLC now owns 7,045,441 shares of the company’s stock worth $701,303,000 after buying an additional 6,979,136 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares 10-20 Year Treasury Bond ETF by 142.6% during the first quarter. LPL Financial LLC now owns 5,362,198 shares of the company’s stock valued at $556,328,000 after buying an additional 3,151,863 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in shares of iShares 10-20 Year Treasury Bond ETF by 4.7% during the fourth quarter. Wells Fargo & Company MN now owns 4,040,188 shares of the company’s stock valued at $402,160,000 after acquiring an additional 182,534 shares in the last quarter.

iShares 10-20 Year Treasury Bond ETF Company Profile

The iShares 10-20 Year Treasury Bond ETF (TLH) is an exchange-traded fund that is based on the ICE U.S. Treasury 10-20 Year TR index. The fund tracks a market-weighted index of debt issued by the U.S. Treasury TLH was launched on Jan 5, 2007 and is managed by BlackRock.