Quadrant Private Wealth Management LLC Grows Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Quadrant Private Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 138,391 shares of the exchange traded fund’s stock after acquiring an additional 12,475 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.9% of Quadrant Private Wealth Management LLC’s holdings, making the stock its 7th largest position. Quadrant Private Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,997,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Bank of America Corp DE boosted its holdings in iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after purchasing an additional 10,380,437 shares during the period. Morgan Stanley boosted its holdings in iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after purchasing an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $292,683,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares 20+ Year Treasury Bond ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after purchasing an additional 1,418,641 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $84.52 on Friday. The stock has a market capitalization of $42.83 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The company’s fifty day moving average is $85.28 and its two-hundred day moving average is $86.73.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.318 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.