Banco Santander S.A. Grows Position in iShares 20+ Year Treasury Bond ETF $TLT

Banco Santander S.A. raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 288.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 266,426 shares of the exchange traded fund’s stock after acquiring an additional 197,902 shares during the period. Banco Santander S.A.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $23,512,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Johnson Bixby & Associates LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.4% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock valued at $219,000 after acquiring an additional 233 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 75.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock valued at $13,828,000 after acquiring an additional 65,366 shares in the last quarter. Tempus Wealth Planning LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 75.5% in the 2nd quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock valued at $1,230,000 after acquiring an additional 5,993 shares in the last quarter. Sunpointe LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $276,000. Finally, Golden State Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.1% during the 1st quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after buying an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ TLT opened at $91.47 on Monday. The stock has a market cap of $49.91 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.85. The stock’s 50-day moving average is $89.03 and its 200 day moving average is $87.54.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3104 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.