WESPAC Advisors LLC Grows Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

WESPAC Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 124.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,374 shares of the exchange traded fund’s stock after buying an additional 10,197 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 1.3% of WESPAC Advisors LLC’s holdings, making the stock its 17th biggest holding. WESPAC Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,802,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TLT. Northwestern Mutual Wealth Management Co. grew its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after purchasing an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after purchasing an additional 814,240 shares during the period. Cibc World Market Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 21.9% during the 2nd 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. Finally, LPL Financial LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after buying an additional 359,489 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $90.39 on Friday. The firm has a market cap of $58.55 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm’s 50 day moving average price is $94.14 and its 200-day moving average price is $94.24. iShares 20+ Year Treasury Bond ETF has a one year low of $87.34 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a yield of 4.12%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

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.