Banco Santander S.A. Sells 152,782 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Banco Santander S.A. lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 92.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,975 shares of the exchange traded fund’s stock after selling 152,782 shares during the period. Banco Santander S.A.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares 20+ Year Treasury Bond ETF Stock Up 0.1 %

iShares 20+ Year Treasury Bond ETF stock opened at $90.39 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64. The stock has a market cap of $58.55 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average price of $94.34 and a two-hundred day moving average price of $94.21.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3105 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.12%. The ex-dividend date was Friday, November 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.