Mpwm Advisory Solutions LLC Acquires New Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mpwm Advisory Solutions LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,939 shares of the exchange traded fund’s stock, valued at approximately $169,000.

A number of other institutional investors also recently bought and sold shares of TLT. Envestnet Asset Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 1.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,956,950 shares of the exchange traded fund’s stock worth $1,393,520,000 after purchasing an additional 298,003 shares during the period. FMR LLC increased its position in iShares 20+ Year Treasury Bond ETF by 24.3% in the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after buying an additional 1,421,699 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after buying an additional 235,504 shares during the period. Capula Management Ltd bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $455,550,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after buying an additional 353,468 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3%

Shares of NASDAQ:TLT opened at $86.05 on Tuesday. The stock has a 50 day moving average of $88.66 and a 200 day moving average of $89.29. The company has a market cap of $48.05 billion, a PE ratio of -6.91 and a beta of 0.49. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.83 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were issued a dividend of $0.3276 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.93 annualized dividend and a yield of 4.57%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.