Vontobel Holding Ltd. Raises Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Vontobel Holding Ltd. lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 65,280 shares of the exchange traded fund’s stock after buying an additional 14,778 shares during the period. Vontobel Holding Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,942,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hazlett Burt & Watson Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 4.9% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock worth $214,000 after purchasing an additional 115 shares in the last quarter. Park Place Capital Corp boosted its stake in iShares 20+ Year Treasury Bond ETF by 13.1% in the 1st quarter. Park Place Capital Corp now owns 999 shares of the exchange traded fund’s stock worth $91,000 after purchasing an additional 116 shares in the last quarter. Heritage Family Offices LLP boosted its stake in iShares 20+ Year Treasury Bond ETF by 4.7% in the 1st quarter. Heritage Family Offices LLP now owns 2,628 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 118 shares in the last quarter. Southeast Asset Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 1.1% in the 4th quarter. Southeast Asset Advisors LLC now owns 11,094 shares of the exchange traded fund’s stock worth $969,000 after purchasing an additional 119 shares in the last quarter. Finally, Main Street Group LTD boosted its stake in iShares 20+ Year Treasury Bond ETF by 16.0% in the 4th quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6%

TLT stock opened at $87.58 on Thursday. The firm has a 50 day moving average of $86.67 and a 200 day moving average of $88.05. The stock has a market capitalization of $48.76 billion, a PE ratio of -6.75 and a beta of 0.48. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, July 1st will be paid a $0.3283 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 dividend on an annualized basis and a yield of 4.50%.

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.