iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) Sees Strong Trading Volume – What’s Next?

Shares of iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) saw unusually-strong trading volume on Thursday . Approximately 3,013,452 shares traded hands during mid-day trading, an increase of 142% from the previous session’s volume of 1,243,930 shares.The stock last traded at $99.21 and had previously closed at $98.74.

iShares 10-20 Year Treasury Bond ETF Stock Up 0.4 %

The firm has a 50 day simple moving average of $101.51 and a two-hundred day simple moving average of $104.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TLH. Wealth Alliance increased its position in shares of iShares 10-20 Year Treasury Bond ETF by 77.9% during the second quarter. Wealth Alliance now owns 7,045 shares of the company’s stock worth $723,000 after acquiring an additional 3,085 shares in the last quarter. AllGen Financial Advisors Inc. acquired a new position in iShares 10-20 Year Treasury Bond ETF in the 2nd quarter worth $13,738,000. Thrivent Financial for Lutherans increased its holdings in iShares 10-20 Year Treasury Bond ETF by 22.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 232,506 shares of the company’s stock worth $23,879,000 after purchasing an additional 42,986 shares in the last quarter. Commonwealth Financial Services LLC acquired a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the 2nd quarter valued at about $6,707,000. Finally, Toronto Dominion Bank bought a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the second quarter valued at about $39,000.

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.