Stonebrook Private Inc. Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Stonebrook Private Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 98,358 shares of the exchange traded fund’s stock, valued at approximately $9,726,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 3.2% of Stonebrook Private Inc.’s holdings, making the stock its 5th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in TLT. Envestnet Asset Management Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 135.3% in the third quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock valued at $1,429,728,000 after buying an additional 9,270,435 shares during the last quarter. Morgan Stanley raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock valued at $3,500,096,000 after acquiring an additional 6,505,853 shares during the period. Rafferty Asset Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 17.7% in the 3rd quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock worth $1,385,414,000 after acquiring an additional 2,352,314 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 102.7% in the 3rd quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock worth $409,223,000 after acquiring an additional 2,337,389 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $197,760,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

NASDAQ TLT traded up $0.46 on Friday, reaching $88.24. The stock had a trading volume of 31,589,821 shares, compared to its average volume of 43,437,523. The stock has a fifty day moving average price of $92.39 and a two-hundred day moving average price of $92.50. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $106.76. The firm has a market capitalization of $44.68 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. This represents a $3.75 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Monday, April 1st.

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.