Concurrent Investment Advisors LLC Acquires 113,558 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Concurrent Investment Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 561,799 shares of the exchange traded fund’s stock after buying an additional 113,558 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.11% of iShares 20+ Year Treasury Bond ETF worth $48,551,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after acquiring an additional 10,380,437 shares during the period. Northwestern Mutual Wealth Management Co. grew 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 worth $3,760,094,000 after purchasing an additional 1,418,641 shares during the period. Morgan Stanley increased its stake in 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 valued at $1,672,338,000 after purchasing an additional 4,577,906 shares in the last quarter. JPMorgan Chase & Co. increased its stake in 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 valued at $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Finally, Pureheart Capital Pte Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $292,683,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ TLT opened at $82.07 on Friday. The firm has a market capitalization of $41.34 billion, a P/E ratio of -6.75 and a beta of 0.51. The firm’s 50-day moving average price is $83.48 and its 200-day moving average price is $85.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $81.17 and a 1-year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.3147 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 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.