Ground Swell Capital LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,446 shares of the exchange traded fund’s stock, valued at approximately $890,000. iShares 20+ Year Treasury Bond ETF makes up approximately 2.1% of Ground Swell Capital LLC’s portfolio, making the stock its 10th largest holding.
Other institutional investors and hedge funds have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 4.4% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 13,569 shares of the exchange traded fund’s stock valued at $1,055,000 after purchasing an additional 566 shares during the period. Diversified Trust Co acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $328,000. Money Concepts Capital Corp increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.7% during the third quarter. Money Concepts Capital Corp now owns 23,957 shares of the exchange traded fund’s stock worth $1,863,000 after purchasing an additional 1,298 shares during the period. Fisher Asset Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 133,600.6% during the third quarter. Fisher Asset Management LLC now owns 59,221,357 shares of the exchange traded fund’s stock worth $4,606,237,000 after purchasing an additional 59,177,063 shares during the period. Finally, Fifth Third Bancorp increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.3% during the third quarter. Fifth Third Bancorp now owns 199,993 shares of the exchange traded fund’s stock worth $15,555,000 after purchasing an additional 2,647 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.
iShares 20+ Year Treasury Bond ETF Stock Performance
Shares of NASDAQ TLT traded down $0.34 during midday trading on Friday, reaching $79.38. The company’s stock had a trading volume of 31,830,384 shares, compared to its average volume of 34,281,242. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $76.43 and a fifty-two week high of $90.86. The business’s 50 day moving average price is $80.21 and its two-hundred day moving average price is $84.32. The company has a market cap of $46.71 billion, a P/E ratio of -6.75 and a beta of 0.51.
iShares 20+ Year Treasury Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.3432 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. This represents a $4.12 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Monday, November 2nd.
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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