Blue Capital Inc. Invests $2.77 Million in iShares 20+ Year Treasury Bond ETF $TLT

Blue Capital Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 1st quarter, Holdings Channel reports. The firm acquired 31,960 shares of the exchange traded fund’s stock, valued at approximately $2,771,000. iShares 20+ Year Treasury Bond ETF comprises approximately 1.8% of Blue Capital Inc.’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in iShares 20+ Year Treasury Bond ETF by 125.5% in the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after purchasing an additional 44,234,543 shares during the period. Bank of America Corp DE increased its stake in iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after purchasing an additional 10,380,437 shares in the last quarter. Morgan Stanley raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after purchasing an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $292,683,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after purchasing an additional 1,418,641 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $85.51 on Friday. The stock has a 50-day moving average of $85.63 and a 200-day moving average of $86.97. The company has a market cap of $42.55 billion, a PE ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued a $0.318 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.5%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.