Nwam LLC Increases Stake in iShares 20+ Year Treasury Bond ETF $TLT

Nwam LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 77.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,679 shares of the exchange traded fund’s stock after buying an additional 6,419 shares during the quarter. Nwam LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,273,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares during the last quarter. Bank of America Corp DE grew its holdings in iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th 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 buying an additional 10,380,437 shares in the last quarter. Morgan Stanley increased its stake in iShares 20+ Year Treasury Bond ETF by 31.3% in the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after acquiring an additional 4,577,906 shares during the last quarter. Pureheart Capital Pte Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings 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 acquiring an additional 1,418,641 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $84.21 on Friday. The firm has a market cap of $42.67 billion, a PE ratio of -6.75 and a beta of 0.51. The firm has a fifty day moving average price of $85.31 and a 200 day moving average price of $86.75. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.318 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 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. 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.