Polymer Capital Management HK LTD Acquires 13,394 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Polymer Capital Management HK LTD boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,394 shares of the exchange traded fund’s stock after purchasing an additional 13,394 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.2% of Polymer Capital Management HK LTD’s portfolio, making the stock its 24th biggest holding. Polymer Capital Management HK LTD’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,042,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TLT. Massmutual Trust Co. FSB ADV lifted its stake in iShares 20+ Year Treasury Bond ETF by 120.5% during the second quarter. Massmutual Trust Co. FSB ADV now owns 741 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 405 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Harbor Capital Advisors Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 261.1% in the second quarter. Harbor Capital Advisors Inc. now owns 1,993 shares of the exchange traded fund’s stock valued at $183,000 after acquiring an additional 1,441 shares during the last quarter. Simplicity Wealth LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 23.0% in the second quarter. Simplicity Wealth LLC now owns 32,742 shares of the exchange traded fund’s stock valued at $3,005,000 after acquiring an additional 6,124 shares during the last quarter. Finally, Lwmg LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 8.6% in the second quarter. Lwmg LLC now owns 134,532 shares of the exchange traded fund’s stock valued at $12,347,000 after acquiring an additional 10,705 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $93.06 on Wednesday. The firm has a market cap of $59.12 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm has a 50 day simple moving average of $93.23 and a 200 day simple moving average of $94.37. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be issued a $0.325 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31.

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.