iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Hits New 52-Week Low – Time to Sell?

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock 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.

Key iShares 20+ Year Treasury Bond ETF News

Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:

iShares 20+ Year Treasury Bond ETF Price Performance

The stock has a market cap of $41.75 billion, a P/E ratio of -6.75 and a beta of 0.53. The company’s 50 day simple moving average is $86.22 and its 200 day simple moving average is $87.73.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.3153 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 1st.

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

Several large investors have recently bought and sold shares of the company. Silverlake Wealth Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.6% in the fourth 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 during the period. Yukon Wealth Management Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.5% in the third 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 during the period. Advyzon Investment Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth 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 during the period. United Asset Strategies Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.2% in the first 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 during the period. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% in the third 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 during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Company Profile

(Get Free Report)

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.

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