National Bank of Canada FI Buys 3,379,211 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

National Bank of Canada FI boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5,972.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,435,793 shares of the exchange traded fund’s stock after buying an additional 3,379,211 shares during the quarter. National Bank of Canada FI’s holdings in iShares 20+ Year Treasury Bond ETF were worth $337,771,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TLT. Envestnet Asset Management Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 135.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock valued at $1,429,728,000 after acquiring an additional 9,270,435 shares during the last quarter. Morgan Stanley boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock worth $3,500,096,000 after purchasing an additional 6,505,853 shares in the last quarter. Rafferty Asset Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 17.7% during the 3rd quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock worth $1,385,414,000 after purchasing an additional 2,352,314 shares in the last quarter. LPL Financial LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 102.7% in the 3rd quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock valued at $409,223,000 after acquiring an additional 2,337,389 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $197,760,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock traded up $0.90 during mid-day trading on Friday, hitting $89.84. 50,066,075 shares of the stock were exchanged, compared to its average volume of 43,806,707. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $106.45. The company has a 50-day simple moving average of $91.99 and a 200 day simple moving average of $92.57. The company has a market capitalization of $45.90 billion, a P/E ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be paid a $0.3077 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $3.69 dividend on an annualized basis and a yield of 4.11%.

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.