iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) Hits New 52-Week Low – What’s Next?

iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) shares reached a new 52-week low on Monday . The company traded as low as $97.46 and last traded at $97.60, with a volume of 23932 shares. The stock had previously closed at $97.66.

iShares 10-20 Year Treasury Bond ETF Stock Performance

The company has a fifty day moving average price of $101.70 and a 200-day moving average price of $104.84.

Institutional Trading of iShares 10-20 Year Treasury Bond ETF

A number of institutional investors have recently added to or reduced their stakes in TLH. Magnus Financial Group LLC acquired a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the third quarter worth about $205,000. FMR LLC raised its stake in shares of iShares 10-20 Year Treasury Bond ETF by 129.0% in the 3rd quarter. FMR LLC now owns 2,551 shares of the company’s stock valued at $279,000 after acquiring an additional 1,437 shares in the last quarter. Bank of Montreal Can lifted its holdings in iShares 10-20 Year Treasury Bond ETF by 48.9% in the 3rd quarter. Bank of Montreal Can now owns 23,010 shares of the company’s stock worth $2,525,000 after purchasing an additional 7,561 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in iShares 10-20 Year Treasury Bond ETF during the third quarter worth approximately $277,000. Finally, Cerity Partners LLC boosted its position in iShares 10-20 Year Treasury Bond ETF by 5.6% during the third quarter. Cerity Partners LLC now owns 8,943 shares of the company’s stock worth $978,000 after purchasing an additional 474 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.