Arvest Investments Inc. Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Arvest Investments Inc. boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,766 shares of the exchange traded fund’s stock after purchasing an additional 1,975 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.2% of Arvest Investments Inc.’s investment portfolio, making the stock its 20th biggest position. Arvest Investments Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,807,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Capula Management Ltd purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $455,550,000. State of Tennessee Department of Treasury acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $194,796,000. Wealthfront Advisers LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock worth $138,741,000 after purchasing an additional 1,509,302 shares during the last quarter. FMR LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 24.3% during the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after purchasing an additional 1,421,699 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 751.1% during the fourth quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock worth $104,795,000 after purchasing an additional 1,059,000 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3%

TLT stock opened at $86.14 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.30 and a 52-week high of $101.64. The stock’s fifty day simple moving average is $86.87 and its 200-day simple moving average is $88.66. The stock has a market capitalization of $46.61 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.3195 per share. This represents a $3.83 annualized dividend and a dividend yield of 4.45%. The ex-dividend date was Monday, June 2nd.

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.