Tactive Advisors LLC Has $727,000 Position in iShares 20+ Year Treasury Bond ETF $TLT

Tactive Advisors LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 81.4% during the third quarter, Holdings Channel reports. The fund owned 8,139 shares of the exchange traded fund’s stock after selling 35,683 shares during the period. Tactive Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after buying an additional 2,508,650 shares during the last quarter. Eisler Capital Management Ltd. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $94,839,000. Electron Capital Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $78,067,000. Finally, Privium Fund Management UK Ltd bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $51,588,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $87.50 on Wednesday. The firm has a market cap of $47.93 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.09. The firm’s 50-day simple moving average is $89.55 and its 200 day simple moving average is $88.26.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be given a $0.3424 dividend. The ex-dividend date of this dividend is Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.7%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.