iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Hits New 1-Year High at $100.78

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) reached a new 52-week high during trading on Friday . The company traded as high as $100.78 and last traded at $100.71, with a volume of 23214729 shares changing hands. The stock had previously closed at $99.57.

iShares 20+ Year Treasury Bond ETF Stock Performance

The company has a market capitalization of $59.02 billion, a PE ratio of -7.14 and a beta of 0.06. The company’s 50-day simple moving average is $95.36 and its 200-day simple moving average is $93.19.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TLT. EQ LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $2,642,000. 4Thought Financial Group Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 70.6% in the 1st quarter. 4Thought Financial Group Inc. now owns 39,240 shares of the exchange traded fund’s stock worth $3,713,000 after acquiring an additional 16,242 shares during the period. TSA Wealth Managment LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $6,875,000. Envestnet Asset Management Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock valued at $1,701,794,000 after purchasing an additional 1,090,199 shares during the period. Finally, Royal Harbor Partners LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.8% in the fourth quarter. Royal Harbor Partners LLC now owns 109,238 shares of the exchange traded fund’s stock valued at $10,801,000 after purchasing an additional 3,996 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

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.