Crew Capital Management Ltd. Makes New $6.33 Million Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Crew Capital Management Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 64,534 shares of the exchange traded fund’s stock, valued at approximately $6,331,000. iShares 20+ Year Treasury Bond ETF makes up approximately 5.1% of Crew Capital Management Ltd.’s portfolio, making the stock its 3rd biggest holding.

Several other hedge funds have also recently bought and sold shares of the stock. Banque Cantonale Vaudoise boosted its holdings in iShares 20+ Year Treasury Bond ETF by 48.6% during the first quarter. Banque Cantonale Vaudoise now owns 5,081 shares of the exchange traded fund’s stock worth $481,000 after buying an additional 1,662 shares during the last quarter. First PREMIER Bank lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.7% during the 1st quarter. First PREMIER Bank now owns 1,372 shares of the exchange traded fund’s stock valued at $130,000 after purchasing an additional 186 shares in the last quarter. AdvisorNet Financial Inc raised its position in iShares 20+ Year Treasury Bond ETF by 3.2% in the 1st quarter. AdvisorNet Financial Inc now owns 14,613 shares of the exchange traded fund’s stock valued at $1,383,000 after buying an additional 452 shares during the last quarter. Range Financial Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $264,000. Finally, Global Assets Advisory LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $40,545,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT traded down $1.27 during trading hours on Monday, reaching $92.60. The company’s stock had a trading volume of 15,894,188 shares, compared to its average volume of 39,365,270. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $101.64. The company’s 50-day moving average is $97.64 and its 200-day moving average is $93.96. The firm has a market cap of $59.81 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.