FNY Investment Advisers LLC Buys Shares of 9,560 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

FNY Investment Advisers LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,560 shares of the exchange traded fund’s stock, valued at approximately $834,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second 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 purchasing an additional 31,502,110 shares during the period. Assetmark Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.4% in the 2nd quarter. Mackenzie Financial Corp now owns 3,059,000 shares of the exchange traded fund’s stock worth $280,755,000 after buying an additional 155,900 shares during the period. Harvest Portfolios Group Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after buying an additional 683,915 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0 %

Shares of TLT stock opened at $85.43 on Tuesday. The firm has a market cap of $49.57 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $85.04 and a 52-week high of $101.64. The company’s 50 day moving average is $90.22 and its 200 day moving average is $93.73.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. This represents a $4.21 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

iShares 20+ Year Treasury Bond ETF Company 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.