Nationwide Fund Advisors Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Nationwide Fund Advisors boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,312,626 shares of the exchange traded fund’s stock after purchasing an additional 21,416 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 13.5% of Nationwide Fund Advisors’ portfolio, making the stock its 5th biggest position. Nationwide Fund Advisors owned approximately 0.25% of iShares 20+ Year Treasury Bond ETF worth $124,201,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TLT. Psagot Value Holdings Ltd. Israel bought a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $25,000. Register Financial Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $28,000. Rosenberg Matthew Hamilton boosted its stake in iShares 20+ Year Treasury Bond ETF by 8,825.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 353 shares in the last quarter. Cherry Tree Wealth Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $44,000. Finally, Delos Wealth Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 365.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 365 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock traded up $0.70 during mid-day trading on Tuesday, hitting $90.61. The company’s stock had a trading volume of 34,194,467 shares, compared to its average volume of 40,703,191. The stock has a market cap of $46.29 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $103.25. The business has a 50-day moving average price of $91.37 and a 200 day moving average price of $93.37.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

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

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.