Transce3nd LLC Invests $1.28 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Transce3nd LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,590 shares of the exchange traded fund’s stock, valued at approximately $1,275,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Capula Management Ltd acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $455,550,000. Wealthfront Advisers LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 1,901.0% in the 4th quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after buying an additional 1,509,302 shares in the last quarter. FMR LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 24.3% during the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after buying an additional 1,421,699 shares during the last quarter. Renaissance Technologies LLC increased its position in iShares 20+ Year Treasury Bond ETF by 751.1% during the fourth quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock worth $104,795,000 after buying an additional 1,059,000 shares in the last quarter. Finally, Invesco Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $85,147,000. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.9 %

Shares of NASDAQ:TLT opened at $87.53 on Friday. The company has a market capitalization of $48.07 billion, a P/E ratio of -7.38 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock’s fifty day simple moving average is $89.81 and its 200-day simple moving average is $90.21.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a $0.3256 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.91 dividend on an annualized basis and a yield of 4.46%.

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.