iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Hits New 12-Month High at $101.29

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $101.29 and last traded at $101.24, with a volume of 15467720 shares changing hands. The stock had previously closed at $100.41.

iShares 20+ Year Treasury Bond ETF Stock Performance

The company has a market cap of $59.04 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a fifty day moving average price of $96.61 and a 200 day moving average price of $93.55.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

A number of hedge funds have recently added to or reduced their stakes in TLT. Motco bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at $34,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $35,000. Anfield Capital Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $36,000. Finally, Palisade Asset Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $37,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

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.