iShares 20+ Year Treasury Bond ETF $TLT Stock: Commonwealth Equity Services LLC Boosts Stake

Commonwealth Equity Services LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 999,752 shares of the exchange traded fund’s stock after buying an additional 134,943 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $77,761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Axiom Investment Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $32,000. Versant Capital Management Inc boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% during the 3rd quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 518 shares during the last quarter. Mosley Wealth Management boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% during the 2nd quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 596 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 123.6% during the 2nd quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 340 shares during the last quarter. Finally, Core Capital Management & Research inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $53,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.0%

Shares of NASDAQ:TLT traded down $0.01 during mid-day trading on Friday, reaching $81.92. The stock had a trading volume of 38,200,054 shares, compared to its average volume of 34,264,504. The company has a market cap of $49.09 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 1 year low of $76.43 and a 1 year high of $90.86. The business’s 50 day moving average price is $80.38 and its 200 day moving average price is $84.50.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.3432 per share. This represents a $4.12 dividend on an annualized basis and a yield of 5.0%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. The ex-dividend date was Monday, November 2nd.

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. 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.