LGL Partners LLC Buys New Stake in iShares 20+ Year Treasury Bond ETF $TLT

LGL Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,978 shares of the exchange traded fund’s stock, valued at approximately $776,000. iShares 20+ Year Treasury Bond ETF makes up 0.3% of LGL Partners LLC’s investment portfolio, making the stock its 27th largest holding.

Several other large investors have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after buying an additional 44,234,543 shares in the last quarter. Bank of America Corp DE grew its holdings in iShares 20+ Year Treasury Bond ETF by 10.5% in 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 buying an additional 10,380,437 shares in the last quarter. Morgan Stanley increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in the 4th 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 during the last quarter. Pureheart Capital Pte Ltd. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $292,683,000. Finally, Aozora Bank LTD. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $198,507,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4%

Shares of TLT stock opened at $82.52 on Tuesday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $81.17 and a twelve month high of $92.18. The stock has a market cap of $41.57 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The company’s 50-day moving average price is $83.78 and its 200-day moving average price is $85.68.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be issued a $0.3147 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date 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.