iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) Reaches New 52-Week Low – Here’s What Happened

iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $98.14 and last traded at $98.29, with a volume of 313684 shares traded. The stock had previously closed at $99.12.

iShares 10-20 Year Treasury Bond ETF Stock Performance

The company’s 50-day moving average is $102.20 and its 200 day moving average is $105.06.

Hedge Funds Weigh In On iShares 10-20 Year Treasury Bond ETF

A number of hedge funds have recently added to or reduced their stakes in TLH. Confluence Investment Management LLC grew its stake in shares of iShares 10-20 Year Treasury Bond ETF by 1.2% in the fourth quarter. Confluence Investment Management LLC now owns 76,906 shares of the company’s stock worth $7,655,000 after acquiring an additional 917 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares 10-20 Year Treasury Bond ETF by 68.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,149,520 shares of the company’s stock valued at $235,007,000 after buying an additional 870,858 shares during the period. B. Riley Wealth Advisors Inc. boosted its stake in shares of iShares 10-20 Year Treasury Bond ETF by 221.1% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 41,509 shares of the company’s stock worth $4,519,000 after buying an additional 28,582 shares during the last quarter. Fidelity D & D Bancorp Inc. lifted its holdings in iShares 10-20 Year Treasury Bond ETF by 34.1% in the third quarter. Fidelity D & D Bancorp Inc. now owns 17,374 shares of the company’s stock valued at $1,900,000 after acquiring an additional 4,419 shares during the period. Finally, Destination Wealth Management lifted its stake in shares of iShares 10-20 Year Treasury Bond ETF by 2.3% in the 3rd quarter. Destination Wealth Management now owns 745,129 shares of the company’s stock worth $81,465,000 after purchasing an additional 16,769 shares during the period.

About iShares 10-20 Year Treasury Bond ETF

The iShares 10-20 Year Treasury Bond ETF (TLH) is an exchange-traded fund that is based on the ICE U.S. Treasury 10-20 Year TR index. The fund tracks a market-weighted index of debt issued by the U.S. Treasury TLH was launched on Jan 5, 2007 and is managed by BlackRock.