Proficio Capital Partners LLC Acquires New Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

by · The Markets Daily

Proficio Capital Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 118,954 shares of the exchange traded fund’s stock, valued at approximately $11,669,000. iShares 20+ Year Treasury Bond ETF comprises approximately 1.2% of Proficio Capital Partners LLC’s holdings, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares during the last quarter. Jane Street Group LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 49.1% during the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after buying an additional 6,457,638 shares during the period. Assetmark Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after buying an additional 4,322,688 shares during the period. Annex Advisory Services LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% during the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after buying an additional 2,516,950 shares during the period. Finally, Hantz Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $143,473,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.3 %

Shares of NASDAQ TLT opened at $92.49 on Friday. The stock has a 50 day simple moving average of $95.92 and a 200-day simple moving average of $94.14. The company has a market cap of $59.92 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $86.74 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3105 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a dividend yield of 4.03%.

iShares 20+ Year Treasury Bond ETF Profile

(Free Report)

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.

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