IMC Chicago LLC Has $107.12 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

IMC Chicago LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 17.4% in the fourth quarter, HoldingsChannel reports. The firm owned 1,226,601 shares of the exchange traded fund’s stock after acquiring an additional 181,408 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 0.0% of IMC Chicago LLC’s investment portfolio, making the stock its 22nd biggest holding. IMC Chicago LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $107,119,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Independence Bank of Kentucky acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $30,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $35,000. New Wave Wealth Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $32,000. Finally, West Branch Capital LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0 %

Shares of NASDAQ:TLT opened at $89.85 on Friday. The firm has a fifty day moving average of $88.82 and a two-hundred day moving average of $93.05. The firm has a market capitalization of $54.61 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.