iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Sets New 12-Month Low – Should You Sell?

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $82.92 and last traded at $83.08, with a volume of 7297257 shares changing hands. The stock had previously closed at $83.56.

iShares 20+ Year Treasury Bond ETF Price Performance

The company has a market cap of $41.30 billion, a PE ratio of -6.75 and a beta of 0.53. The business has a 50-day moving average of $86.43 and a 200 day moving average of $87.83.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.3153 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

Institutional investors have recently made changes to their positions in the business. Silverlake Wealth Management LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.6% during the 4th quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after buying an additional 115 shares in the last quarter. Yukon Wealth Management Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.5% during the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after buying an additional 118 shares in the last quarter. Advyzon Investment Management LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock valued at $1,201,000 after buying an additional 124 shares in the last quarter. United Asset Strategies Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock valued at $901,000 after buying an additional 126 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd grew its holdings in iShares 20+ Year Treasury Bond ETF by 15.8% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock valued at $82,000 after buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.