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

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

iShares 20+ Year Treasury Bond ETF Stock Up 0.9 %

The business’s fifty day moving average is $96.27 and its 200-day moving average is $93.45. The company has a market cap of $60.07 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Motco bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $34,000. Riggs Asset Managment Co. Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $35,000. Anfield Capital Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $37,000. 73.32% of the stock is owned by hedge funds and other 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.