Pilgrim Partners Asia Pte Ltd Buys New Shares in iShares 20+ Year Treasury Bond ETF $TLT

Pilgrim Partners Asia Pte Ltd acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 50,000 shares of the exchange traded fund’s stock, valued at approximately $3,889,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.8% of Pilgrim Partners Asia Pte Ltd’s investment portfolio, making the stock its 9th biggest position.

Several other large investors have also recently made changes to their positions in TLT. Vise Technologies Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 35.9% in the third quarter. Vise Technologies Inc. now owns 21,905 shares of the exchange traded fund’s stock valued at $1,704,000 after acquiring an additional 5,791 shares during the last quarter. Greenup Street Wealth Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 22.6% during the 3rd quarter. Greenup Street Wealth Management LLC now owns 197,515 shares of the exchange traded fund’s stock worth $15,363,000 after purchasing an additional 36,378 shares during the last quarter. Partners Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $445,000. Fonville Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 17.3% in the 3rd quarter. Fonville Wealth Management LLC now owns 3,663 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 541 shares during the period. Finally, Nationwide Fund Advisors raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 7.5% in the 3rd quarter. Nationwide Fund Advisors now owns 119,258 shares of the exchange traded fund’s stock worth $9,276,000 after purchasing an additional 8,278 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $81.84 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $76.43 and a one year high of $90.86. The business’s fifty day moving average price is $80.50 and its 200-day moving average price is $84.65. The stock has a market capitalization of $47.57 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.3116 per share. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Thursday, October 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. 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.