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

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw some unusual options trading activity on Tuesday. Traders bought 777,303 call options on the company. This represents an increase of 32% compared to the typical volume of 590,176 call options.

iShares 20+ Year Treasury Bond ETF Stock Up 1.7 %

Shares of TLT opened at $91.42 on Wednesday. The stock has a market capitalization of $55.57 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The firm has a fifty day simple moving average of $87.86 and a two-hundred day simple moving average of $92.50.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after acquiring an additional 27,586 shares in the last quarter. Commerce Bank raised its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 201 shares during the period. Finally, Clear Street Derivatives LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $4,205,000. Institutional investors own 73.32% of the company’s stock.

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.