Polymer Capital Management HK LTD Buys 76,200 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Polymer Capital Management HK LTD grew its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 148.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 127,594 shares of the exchange traded fund’s stock after acquiring an additional 76,200 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.9% of Polymer Capital Management HK LTD’s holdings, making the stock its 11th largest holding. Polymer Capital Management HK LTD’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independence Bank of Kentucky bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $26,000. Richardson Financial Services Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $30,000. New Wave Wealth Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $32,000. Van ECK Associates Corp raised its position in iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 178 shares during the last quarter. Finally, West Branch Capital LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 203 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.1 %

NASDAQ:TLT opened at $92.85 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The company has a market cap of $52.76 billion, a PE ratio of -7.38 and a beta of 0.06. The company has a 50 day simple moving average of $89.95 and a two-hundred day simple moving average of $91.03.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.3256 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%.

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.