Saxon Interests Inc. Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Saxon Interests Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, Holdings Channel.com reports. The firm acquired 4,766 shares of the exchange traded fund’s stock, valued at approximately $451,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Morgan Stanley increased its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the third quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock worth $3,500,096,000 after purchasing an additional 6,505,853 shares in the last quarter. Rafferty Asset Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 134.1% during the fourth quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock worth $3,615,731,000 after purchasing an additional 20,946,006 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 6.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock worth $1,701,794,000 after purchasing an additional 1,090,199 shares in the last quarter. TD Asset Management Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 26.2% during the fourth quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock worth $963,038,000 after purchasing an additional 2,023,240 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3,761.2% during the fourth quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock worth $444,750,000 after purchasing an additional 4,381,387 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 Stock Performance

Shares of TLT traded up $0.70 during trading hours on Tuesday, hitting $90.61. 34,194,467 shares of the stock were exchanged, compared to its average volume of 40,703,191. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $103.25. The company has a market cap of $46.29 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock’s 50-day moving average price is $91.40 and its two-hundred day moving average price is $93.31.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be paid a dividend of $0.2911 per share. This represents a $3.49 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Monday, July 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.