Prudential PLC Buys 259,267 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Prudential PLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 103.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 510,750 shares of the exchange traded fund’s stock after purchasing an additional 259,267 shares during the quarter. Prudential PLC owned 0.09% of iShares 20+ Year Treasury Bond ETF worth $45,074,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 200.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock worth $3,281,866,000 after buying an additional 71,888,500 shares during the period. Simplex Trading LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $278,367,000. Assetmark Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 415.4% during the 1st quarter. Assetmark Inc. now owns 1,678,685 shares of the exchange traded fund’s stock valued at $152,811,000 after buying an additional 1,352,977 shares during the period. Eisler Capital Management Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $94,839,000. Finally, Electron Capital Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $78,067,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of NASDAQ:TLT opened at $88.88 on Thursday. The company has a 50-day moving average price of $90.00 and a 200-day moving average price of $87.79. The company has a market cap of $48.69 billion, a price-to-earnings 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.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a $0.3251 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.4%.

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.