Mirae Asset Global Investments Co. Ltd. Increases Stake in iShares 20+ Year Treasury Bond ETF $TLT

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,693,948 shares of the exchange traded fund’s stock after purchasing an additional 38,589 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 0.8% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making the stock its 15th biggest position. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $240,758,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Clearstead Trust LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $25,000. Cary Street Partners Investment Advisory LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 130.9% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 161 shares during the period. Ameritas Investment Partners Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $33,000. First Command Advisory Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $33,000. Finally, Caldwell Trust Co purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $36,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $87.49 on Wednesday. The company has a market capitalization of $45.53 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The stock has a 50 day moving average price of $88.17 and a two-hundred day moving average price of $88.42.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.3424 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.