Pettinga Financial Advisors LLC Acquires 2,635 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pettinga Financial Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,727 shares of the exchange traded fund’s stock after purchasing an additional 2,635 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 1.1% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 24th largest position. Pettinga Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,421,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Rafferty Asset Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 134.1% in the fourth quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock valued at $3,615,731,000 after acquiring an additional 20,946,006 shares during the period. Morgan Stanley increased its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the third 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. Assetmark Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3,761.2% in the fourth quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock valued at $444,750,000 after acquiring an additional 4,381,387 shares during the period. National Bank of Canada FI increased its position in shares of iShares 20+ Year Treasury Bond ETF by 5,972.2% in the fourth quarter. National Bank of Canada FI now owns 3,435,793 shares of the exchange traded fund’s stock valued at $337,771,000 after acquiring an additional 3,379,211 shares during the period. Finally, TD Asset Management Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 26.2% in the fourth quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock valued at $963,038,000 after acquiring an additional 2,023,240 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $90.65 on Monday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $103.25. The company has a market cap of $46.31 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm has a 50-day moving average of $91.35 and a 200 day moving average of $93.43.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.3083 dividend. This represents a $3.70 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Monday, June 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.