Migdal Insurance & Financial Holdings Ltd. Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Migdal Insurance & Financial Holdings Ltd. 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 Form 13F filing with the SEC. The institutional investor purchased 7,785 shares of the exchange traded fund’s stock, valued at approximately $687,000.

Several other hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 38,017,057 shares of the exchange traded fund’s stock valued at $3,460,693,000 after buying an additional 374,811 shares during the period. Goldman Sachs Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 200.6% during the first quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock valued at $3,281,866,000 after acquiring an additional 71,888,500 shares during the last quarter. Harvest Portfolios Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the first quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock valued at $331,229,000 after acquiring an additional 599,149 shares during the last quarter. Simplex Trading LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $278,367,000. Finally, Raymond James Financial Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 2,881,751 shares of the exchange traded fund’s stock valued at $262,326,000 after acquiring an additional 74,660 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $91.09 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.85. The stock has a market cap of $49.75 billion, a PE ratio of -6.75 and a beta of 0.53. The firm has a 50-day simple moving average of $89.34 and a two-hundred day simple moving average of $87.63.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.3104 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.