iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Reaches New 52-Week Low – Should You Sell?

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) shares reached a new 52-week low during trading on Monday . The stock 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 Trading Up 1.7 %

The stock has a market capitalization of $50.81 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a 50-day moving average price of $89.93 and a 200 day moving average price of $93.62.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a yield of 4.85%.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

A number of institutional investors have recently modified their holdings of TLT. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares in the last quarter. Assetmark Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $89,789,000. IMC Chicago LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 440.7% during the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after purchasing an additional 851,884 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after purchasing an additional 709,409 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

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.