iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Get Rating) benefited from a significant increase in short interest in November. As of November 15, there was short interest totaling 25,620,000 shares, an increase of 46.4% from the total of 17,500,000 shares as of October 31. Based on an average trading volume of 21,468,200 shares, the day-to-cover ratio is currently 1.2 days.
Hedge funds weigh on iShares 20+ Year Treasury Bond ETF
A number of institutional investors have recently shifted their holdings into TLT. Stonebridge Capital Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during Q1 worth $29,000. Beaird Harris Wealth Management LLC increased its equity position in the iShares 20+ Year Treasury Bond ETF by 95.9% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 241 shares of the exchange-traded fund worth $32,000 after buying 118 additional shares in the last quarter. FSC Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during Q3, valued at approximately $26,000. Wipfli Financial Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in Q3 for a value of around $26,000. Finally, Matrix Private Capital Group LLC acquired a new equity position in the iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $27,000.
iShares 20+ Year Treasury Bond ETF Stock down 1.2%
NASDAQ:TLT shares opened at $101.98 on Wednesday. The company has a 50-day moving average of $99.52 and a two-hundred-day moving average of $108.96. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $91.85 and a fifty-two week high of $155.12.
iShares 20+ Year Treasury Bond ETF Cuts Dividends
The company also recently announced a monthly dividend, which was paid on Monday, November 7. Shareholders of record on Wednesday, November 2 received a dividend of $0.236 per share. The ex-dividend date was Tuesday, November 1. This represents a dividend of $2.83 on an annualized basis and a yield of 2.78%.
iShares 20+ Year Treasury Bond ETF Company Profile
(Get an evaluation)
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 US Treasury bonds with residual maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays US 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of US government bonds with a remaining maturity of 20 years or more. .
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