BCI Securities Inc. Makes New Investment in iShares 20+ Year Treasury Bond ETF $TLT

BCI Securities Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,305 shares of the exchange traded fund’s stock, valued at approximately $724,000. iShares 20+ Year Treasury Bond ETF makes up about 6.3% of BCI Securities Inc.’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 125.5% in the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Morgan Stanley lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after acquiring an additional 4,577,906 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares 20+ Year Treasury Bond ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. State Street Corp bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $88,673,000. Finally, Prudential PLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 104.9% in the third quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock valued at $93,536,000 after buying an additional 535,870 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $86.19 on Wednesday. The firm has a market cap of $42.89 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The business has a 50-day moving average price of $85.67 and a 200 day moving average price of $87.15.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3358 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 1st.

iShares 20+ Year Treasury Bond ETF 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.