iShares 20+ Year Treasury Bond ETF $TLT Stake Increased by Occidental Asset Management LLC

Occidental Asset Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 171,875 shares of the exchange traded fund’s stock after acquiring an additional 7,111 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 1.8% of Occidental Asset Management LLC’s investment portfolio, making the stock its 12th largest position. Occidental Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,981,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TLT. Northwestern Mutual Wealth Management Co. raised its position in iShares 20+ Year Treasury Bond ETF by 3.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock valued at $3,728,650,000 after buying an additional 1,195,788 shares during the period. JPMorgan Chase & Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 84.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after acquiring an additional 3,632,572 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 8.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after acquiring an additional 527,803 shares during the period. Harvest Portfolios Group Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 0.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock valued at $315,958,000 after acquiring an additional 33,088 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after acquiring an additional 63,442 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $85.83 on Friday. The business’s 50-day moving average is $88.22 and its 200-day moving average is $88.87. The company has a market capitalization of $44.54 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.3006 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, March 2nd.

About iShares 20+ Year Treasury Bond ETF

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.