Simplex Trading LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 60.4% during the third quarter, Holdings Channel.com reports. The fund owned 2,984,270 shares of the exchange traded fund’s stock after acquiring an additional 1,123,273 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 0.1% of Simplex Trading LLC’s investment portfolio, making the stock its 10th largest position. Simplex Trading LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $232,117,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TLT. Envestnet Asset Management Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 18.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after acquiring an additional 860,164 shares during the period. Aozora Bank LTD. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $198,507,000. The Manufacturers Life Insurance Company increased its position in shares of iShares 20+ Year Treasury Bond ETF by 141.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after purchasing an additional 769,615 shares during the period. HighTower Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 30.1% in the second quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock valued at $90,949,000 after purchasing an additional 243,793 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 15.6% in the third quarter. Commonwealth Equity Services LLC now owns 999,752 shares of the exchange traded fund’s stock valued at $77,761,000 after purchasing an additional 134,943 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.
iShares 20+ Year Treasury Bond ETF Stock Up 0.0%
TLT opened at $81.96 on Tuesday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $76.43 and a twelve month high of $90.86. The company has a 50-day simple moving average of $80.36 and a 200 day simple moving average of $84.47. The stock has a market capitalization of $48.91 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.
iShares 20+ Year Treasury Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.3432 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $4.12 annualized dividend and a yield of 5.0%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116.
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.
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Want to see what other hedge funds are holding TLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report).
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