Stock Traders Purchase Large Volume of iShares 20+ Year Treasury Bond ETF Call Options (NASDAQ:TLT)

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) saw unusually large options trading on Tuesday. Traders bought 777,303 call options on the stock. This represents an increase of 32% compared to the average daily volume of 590,176 call options.

iShares 20+ Year Treasury Bond ETF Stock Up 1.6 %

Shares of iShares 20+ Year Treasury Bond ETF stock traded up $1.39 during mid-day trading on Tuesday, reaching $91.26. 25,324,836 shares of the stock traded hands, compared to its average volume of 33,877,543. The business has a 50-day moving average of $87.85 and a 200 day moving average of $92.54. The stock has a market capitalization of $55.47 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $30,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $32,000. Van ECK Associates Corp grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 178 shares in the last quarter. Finally, West Branch Capital LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

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.