William John Sempolinski bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 25,480 shares of the exchange traded fund’s stock, valued at approximately $2,202,000. iShares 20+ Year Treasury Bond ETF comprises approximately 0.9% of William John Sempolinski’s investment portfolio, making the stock its 26th biggest position.
A number of other institutional investors have also recently modified their holdings of TLT. JPMorgan Chase & Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th 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 in the last quarter. Bank of America Corp DE increased its stake 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 purchasing an additional 10,380,437 shares in the last quarter. Morgan Stanley raised its holdings in iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after buying an additional 4,577,906 shares during the last quarter. Pureheart Capital Pte Ltd. purchased a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $292,683,000. Finally, Aozora Bank LTD. purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $198,507,000. 73.33% of the stock is owned by hedge funds and other institutional investors.
iShares 20+ Year Treasury Bond ETF Stock Performance
Shares of NASDAQ TLT opened at $82.21 on Friday. The firm’s 50 day moving average price is $83.37 and its 200-day moving average price is $85.51. iShares 20+ Year Treasury Bond ETF has a 52-week low of $81.17 and a 52-week high of $92.18. The company has a market cap of $41.41 billion, a PE ratio of -6.75 and a beta of 0.51.
iShares 20+ Year Treasury Bond ETF Cuts Dividend
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. 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.
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