Milestone Asset Management LLC Purchases Shares of 13,122 iShares 20+ Year Treasury Bond ETF $TLT

Milestone Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the second quarter, Holdings Channel reports. The fund acquired 13,122 shares of the exchange traded fund’s stock, valued at approximately $1,158,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TLT. 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 purchasing an additional 374,811 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 200.6% in the 1st 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 purchasing an additional 71,888,500 shares in the last quarter. Harvest Portfolios Group Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after purchasing an additional 599,149 shares during the last quarter. Simplex Trading LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $278,367,000. Finally, Raymond James Financial Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.7% in 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 buying an additional 74,660 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6%

Shares of NASDAQ:TLT opened at $89.74 on Tuesday. The firm has a market cap of $49.29 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.85. The company’s 50-day moving average price is $89.55 and its two-hundred day moving average price is $87.68.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be issued a $0.3251 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Monday, November 3rd.

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.