Signature Estate & Investment Advisors LLC Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Signature Estate & Investment Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 43.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,363 shares of the exchange traded fund’s stock after purchasing an additional 1,919 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $624,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 buying an additional 31,502,110 shares in the last quarter. Jane Street Group LLC raised its position in shares of 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 valued at $1,854,459,000 after buying an additional 6,457,638 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after acquiring an additional 814,240 shares during the last quarter. Cibc World Market Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after acquiring an additional 1,511,435 shares during the last quarter. Finally, LPL Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 7.9% in the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after acquiring an additional 359,489 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $90.08 on Friday. The company has a market cap of $58.35 billion, a PE ratio of -7.14 and a beta of 0.06. The stock’s 50 day simple moving average is $95.13 and its two-hundred day simple moving average is $94.17. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.3105 dividend. This represents a $3.73 annualized dividend and a dividend yield of 4.14%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.