Northwestern Mutual Wealth Management Co. Grows Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,017,057 shares of the exchange traded fund’s stock after purchasing an additional 374,811 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 2.8% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 8th largest position. Northwestern Mutual Wealth Management Co. owned about 7.03% of iShares 20+ Year Treasury Bond ETF worth $3,460,693,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Betterment LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 916.5% in the 4th quarter. Betterment LLC now owns 56,810 shares of the exchange traded fund’s stock worth $4,961,000 after purchasing an additional 51,221 shares in the last quarter. Checchi Capital Advisers LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 75.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock worth $13,828,000 after purchasing an additional 65,366 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 25.2% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 13,227 shares of the exchange traded fund’s stock worth $1,155,000 after purchasing an additional 2,666 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 5.1% in the 1st quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 307 shares in the last quarter. Finally, Capital Investment Counsel Inc lifted its stake in iShares 20+ Year Treasury Bond ETF by 10.2% in the 1st quarter. Capital Investment Counsel Inc now owns 7,330 shares of the exchange traded fund’s stock worth $667,000 after purchasing an additional 680 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $87.05 on Friday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $101.64. The stock has a market capitalization of $48.67 billion, a PE ratio of -6.75 and a beta of 0.06. The company’s 50 day simple moving average is $86.76 and its two-hundred day simple moving average is $87.83.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Friday, August 1st were given a dividend of $0.3308 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Friday, August 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

iShares 20+ Year Treasury Bond ETF 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.