iShares 20+ Year Treasury Bond ETF $TLT Stock: Bell Investment Advisors Inc Raises Stake

Bell Investment Advisors Inc boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.6% in the third quarter, Holdings Channel reports. The fund owned 500,221 shares of the exchange traded fund’s stock after purchasing an additional 31,022 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 5.7% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 5th biggest holding. Bell Investment Advisors Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $38,907,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Aozora Bank LTD. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $198,507,000. Envestnet Asset Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after buying an additional 860,164 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in iShares 20+ Year Treasury Bond ETF by 141.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after buying an additional 769,615 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 2,830.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock worth $59,254,000 after acquiring an additional 662,248 shares during the period. Finally, Tectonic Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 2,200.2% in the third quarter. Tectonic Advisors LLC now owns 384,917 shares of the exchange traded fund’s stock worth $29,939,000 after acquiring an additional 368,183 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $81.84 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $76.43 and a 1-year high of $90.86. The company’s fifty day simple moving average is $80.50 and its 200-day simple moving average 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 business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3116 per share. This represents a $3.74 annualized dividend and a yield of 4.6%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 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.