GFG Capital LLC Has $11.92 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

GFG Capital LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.4% during the third quarter, HoldingsChannel reports. The fund owned 125,901 shares of the exchange traded fund’s stock after acquiring an additional 2,953 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 3.1% of GFG Capital LLC’s portfolio, making the stock its 9th biggest holding. GFG Capital LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,917,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after purchasing an additional 31,502,110 shares in the last quarter. Jane Street Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 49.1% during the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after buying an additional 6,457,638 shares in the last quarter. Annex Advisory Services LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 11,463.6% during the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after acquiring an additional 2,516,950 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $143,473,000. Finally, Cibc World Market Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after acquiring an additional 1,511,435 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 1.7 %

Shares of TLT stock opened at $92.23 on Tuesday. The firm has a market capitalization of $59.57 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50 day moving average is $97.55 and its 200-day moving average is $93.95. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 20+ Year Treasury Bond ETF

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.