Migdal Insurance & Financial Holdings Ltd. Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,785 shares of the exchange traded fund’s stock, valued at approximately $687,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after buying an additional 3,632,572 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after buying an additional 2,508,650 shares during the period. Eisler Capital Management Ltd. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $94,839,000. Electron Capital Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $78,067,000. Finally, Harvest Portfolios Group Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 19.7% during the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after acquiring an additional 599,149 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $87.34 on Monday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09. The company has a market capitalization of $47.84 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The company’s 50-day simple moving average is $89.84 and its two-hundred day simple moving average is $88.17.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a dividend of $0.3206 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, December 1st.

iShares 20+ Year Treasury Bond ETF 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.