Hilltop Holdings Inc. Increases Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Hilltop Holdings Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 49.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 100,631 shares of the exchange traded fund’s stock after purchasing an additional 33,080 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.8% of Hilltop Holdings Inc.’s holdings, making the stock its 18th biggest position. Hilltop Holdings Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,724,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 28.0% during the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 409.3% during the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after purchasing an additional 40,863 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 520.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 510 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock valued at $71,348,000 after buying an additional 180,073 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after buying an additional 63,442 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $83.25 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The firm has a market capitalization of $41.83 billion, a PE ratio of -6.75 and a beta of 0.51. The stock has a fifty day simple moving average of $85.15 and a two-hundred day simple moving average of $86.59.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.318 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.