Banco Santander S.A. Buys 36,664 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Banco Santander S.A. boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 306.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,639 shares of the exchange traded fund’s stock after acquiring an additional 36,664 shares during the period. Banco Santander S.A.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,248,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TLT. Assetmark Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 17.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after acquiring an additional 353,468 shares during the period. Hantz Financial Services Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 9.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after purchasing an additional 175,574 shares during the period. US Bancorp DE increased its holdings in iShares 20+ Year Treasury Bond ETF by 78.0% during the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after buying an additional 743,864 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in iShares 20+ Year Treasury Bond ETF by 9.5% in the 3rd quarter. Stifel Financial Corp now owns 1,684,820 shares of the exchange traded fund’s stock worth $165,281,000 after purchasing an additional 145,687 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $90.11 on Friday. The firm’s 50 day simple moving average is $88.41 and its two-hundred day simple moving average is $92.19. The company has a market capitalization of $54.77 billion, a P/E ratio of -7.34 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 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 Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2898 per share. The ex-dividend date was Monday, March 3rd.

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.