iShares 20+ Year Treasury Bond ETF Sees Unusually Large Options Volume (NASDAQ:TLT)

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) was the target of some unusual options trading on Friday. Stock investors purchased 934,020 call options on the stock. This represents an increase of 63% compared to the average volume of 574,150 call options.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

A number of institutional investors have recently modified their holdings of the company. Hazlett Burt & Watson Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 4.9% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock worth $214,000 after buying an additional 115 shares during the period. Southeast Asset Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 1.1% during the 4th quarter. Southeast Asset Advisors LLC now owns 11,094 shares of the exchange traded fund’s stock valued at $969,000 after purchasing an additional 119 shares in the last quarter. Main Street Group LTD increased its stake in iShares 20+ Year Treasury Bond ETF by 16.0% during the 4th quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 120 shares during the period. Hollencrest Capital Management boosted its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock valued at $1,259,000 after buying an additional 122 shares during the last quarter. Finally, Islay Capital Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.9% during the fourth quarter. Islay Capital Management LLC now owns 3,392 shares of the exchange traded fund’s stock valued at $296,000 after acquiring an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock traded up $1.61 on Friday, hitting $93.46. 63,531,119 shares of the company were exchanged, compared to its average volume of 38,193,692. The stock has a market capitalization of $56.81 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06. The business’s fifty day moving average is $89.83 and its two-hundred day moving average is $91.16. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be issued a $0.3256 dividend. This represents a $3.91 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is 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.