Lodestar Private Asset Management LLC Purchases 3,308 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lodestar Private Asset Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 40,617 shares of the exchange traded fund’s stock after buying an additional 3,308 shares during the period. Lodestar Private Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,984,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. McAdam LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 43.9% during the second quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after purchasing an additional 5,893 shares during the period. Saxon Interests Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.4% in the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after buying an additional 1,355 shares during the last quarter. Riverwater Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $223,000. Vontobel Holding Ltd. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after acquiring an additional 36,070 shares during the period. Finally, Hancock Whitney Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $1,674,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $92.03 on Wednesday. The stock’s 50-day simple moving average is $96.89 and its two-hundred day simple moving average is $94.01. The stock has a market capitalization of $58.72 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.24 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.