Traders Buy High Volume of iShares 20+ Year Treasury Bond ETF Call Options (NASDAQ:TLT)

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) was the target of unusually large options trading activity on Friday. Traders bought 1,708,499 call options on the stock. This represents an increase of 121% compared to the typical daily volume of 771,543 call options.

Institutional Trading of iShares 20+ Year Treasury Bond ETF

Institutional investors have recently modified their holdings of the business. LGL Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $776,000. Belvedere Trading LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $2,823,000. Waverly Advisors LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 38.3% during the 2nd quarter. Waverly Advisors LLC now owns 36,173 shares of the exchange traded fund’s stock worth $3,126,000 after purchasing an additional 10,009 shares in the last quarter. Tidal Investments LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 457.8% during the 2nd quarter. Tidal Investments LLC now owns 76,413 shares of the exchange traded fund’s stock worth $6,578,000 after purchasing an additional 62,713 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 100.3% during the 2nd quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock worth $25,022,000 after purchasing an additional 144,965 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

TLT traded up $0.08 during trading on Friday, reaching $80.05. 42,293,284 shares of the company’s stock were exchanged, compared to its average volume of 34,129,684. iShares 20+ Year Treasury Bond ETF has a one year low of $76.43 and a one year high of $92.18. The firm has a fifty day moving average price of $80.72 and a two-hundred day moving average price of $83.69. The stock has a market capitalization of $49.95 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3116 per share. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.7%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.