Connable Office Inc. Boosts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Connable Office Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,258 shares of the exchange traded fund’s stock after purchasing an additional 1,490 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 1.3% of Connable Office Inc.’s portfolio, making the stock its 17th biggest holding. Connable Office Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,778,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings 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 worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Jane Street Group LLC lifted its stake 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 worth $1,854,459,000 after purchasing an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after purchasing an additional 814,240 shares in the last quarter. Cibc World Market Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 21.9% during the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after purchasing an additional 1,511,435 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 7.9% during the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after buying an additional 359,489 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $90.32 on Friday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64. The stock has a 50 day simple moving average of $95.32 and a two-hundred day simple moving average of $94.16. The firm has a market cap of $58.51 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.3105 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.13%.

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.