iShares 20+ Year Treasury Bond ETF $TLT Stock: Cultivar Capital Inc. Raises Position

Cultivar Capital Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 19.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 195,220 shares of the exchange traded fund’s stock after purchasing an additional 32,432 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 9.3% of Cultivar Capital Inc.’s holdings, making the stock its 4th biggest position. Cultivar Capital Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,184,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Aozora Bank LTD. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $198,507,000. Envestnet Asset Management Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after buying an additional 860,164 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 141.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after buying an additional 769,615 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 2,830.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock worth $59,254,000 after purchasing an additional 662,248 shares during the last quarter. Finally, Alkeon Capital Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $44,539,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT traded up $0.52 during trading hours on Wednesday, reaching $78.89. The stock had a trading volume of 50,880,923 shares, compared to its average volume of 33,802,199. iShares 20+ Year Treasury Bond ETF has a twelve month low of $76.43 and a twelve month high of $92.18. The company has a market cap of $49.04 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The business’s fifty day moving average is $80.91 and its two-hundred day moving average is $83.81.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3116 per share. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, October 1st.

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.