Exchange Traded Concepts LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Exchange Traded Concepts LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,721 shares of the exchange traded fund’s stock, valued at approximately $659,000.

A number of other institutional investors have also recently made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after buying an additional 31,502,110 shares during the last quarter. Jane Street Group LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after purchasing an additional 6,457,638 shares during the last quarter. Annex Advisory Services LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 11,463.6% in the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after purchasing an additional 2,516,950 shares during the last quarter. Hantz Financial Services Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $143,473,000. Finally, Cibc World Market Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% in the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing an additional 1,511,435 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1 %

Shares of TLT stock opened at $93.87 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $101.64. The firm’s 50 day moving average is $97.64 and its 200 day moving average is $93.93. The stock has a market capitalization of $58.73 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.