7,878 iShares 20+ Year Treasury Bond ETF $TLT Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,893 shares of the exchange traded fund’s stock after purchasing an additional 7,878 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 1.3% of Royal Fund Management LLC’s holdings, making the stock its 12th biggest position. Royal Fund Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $16,792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TLT. Aozora Bank LTD. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $198,507,000. Envestnet Asset Management Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 18.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock worth $479,702,000 after buying an additional 860,164 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 141.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after buying an additional 769,615 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,830.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock worth $59,254,000 after buying an additional 662,248 shares during the period. Finally, Proficio Capital Partners LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9,970.6% during the 2nd quarter. Proficio Capital Partners LLC now owns 354,385 shares of the exchange traded fund’s stock worth $29,099,000 after buying an additional 350,866 shares during the period. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $81.74 on Friday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $76.43 and a 52 week high of $92.18. The company has a market capitalization of $47.79 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The company has a 50-day simple moving average of $80.57 and a 200 day simple moving average of $83.50.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.3116 per share. This represents a $3.74 annualized dividend and a yield of 4.6%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st.

About iShares 20+ Year Treasury Bond ETF

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.