Victory Capital Management Inc. Buys 45,258 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Victory Capital Management Inc. increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 847,840 shares of the exchange traded fund’s stock after buying an additional 45,258 shares during the period. Victory Capital Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $83,834,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SVB Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $336,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $229,000. J.W. Cole Advisors Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $483,000. Bank of New York Mellon Corp lifted its stake in iShares 20+ Year Treasury Bond ETF by 147.7% in the third quarter. Bank of New York Mellon Corp now owns 1,274,165 shares of the exchange traded fund’s stock valued at $113,006,000 after purchasing an additional 759,792 shares during the last quarter. Finally, Veracity Capital LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $266,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 1.0 %

TLT opened at $89.84 on Friday. The firm has a 50-day moving average price of $91.99 and a 200-day moving average price of $92.57. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $106.45. The company has a market capitalization of $45.90 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a dividend of $0.3077 per share. This represents a $3.69 annualized dividend and a yield of 4.11%. The ex-dividend date is Wednesday, May 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.