ODonnell Financial Services LLC Buys New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

ODonnell Financial Services LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 110,689 shares of the exchange traded fund’s stock, valued at approximately $10,859,000. iShares 20+ Year Treasury Bond ETF accounts for 4.4% of ODonnell Financial Services LLC’s holdings, making the stock its 9th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after buying an additional 31,502,110 shares during the period. Jane Street Group LLC grew its position in iShares 20+ Year Treasury Bond ETF by 49.1% during the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after acquiring an additional 6,457,638 shares during the period. Annex Advisory Services LLC grew its position in iShares 20+ Year Treasury Bond ETF by 11,463.6% during the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock valued at $233,021,000 after acquiring an additional 2,516,950 shares during the period. Hantz Financial Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $143,473,000. Finally, Cibc World Market Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing an additional 1,511,435 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $92.32 on Wednesday. The business’s 50-day simple moving average is $97.45 and its 200-day simple moving average is $93.96. The firm has a market capitalization of $59.63 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

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.