iShares 20+ Year Treasury Bond ETF Target of Unusually Large Options Trading (NASDAQ:TLT)

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) was the recipient of unusually large options trading on Friday. Traders purchased 934,020 call options on the stock. This represents an increase of approximately 63% compared to the average volume of 574,150 call options.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TLT. Principal Financial Group Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after acquiring an additional 27,586 shares during the period. ST Germain D J Co. Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 201 shares during the period. Dynasty Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 50.7% during the fourth quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock valued at $79,056,000 after purchasing an additional 304,416 shares during the period. Finally, Wayfinding Financial LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $4,665,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.1 %

TLT stock opened at $92.85 on Friday. The firm has a 50 day moving average of $89.95 and a 200-day moving average of $91.10. The firm has a market capitalization of $56.43 billion, a P/E ratio of -7.21 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.3256 dividend. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.