SB Capital Management Inc Acquires Shares of 78,802 iShares 20+ Year Treasury Bond ETF $TLT

by · The Markets Daily

SB Capital Management Inc acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 78,802 shares of the exchange traded fund’s stock, valued at approximately $6,868,000. iShares 20+ Year Treasury Bond ETF makes up approximately 2.5% of SB Capital Management Inc’s investment portfolio, making the stock its 16th biggest holding.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 28.0% during the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after buying an additional 601 shares during the last quarter. Capstone Wealth Management Group LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 409.3% during the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after acquiring an additional 40,863 shares during the last quarter. Russell Investments Group Ltd. grew its position in iShares 20+ Year Treasury Bond ETF by 520.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 510 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.7% in the second quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after acquiring an additional 180,073 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

TLT opened at $86.75 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The firm’s 50 day simple moving average is $85.66 and its two-hundred day simple moving average is $87.09. The company has a market capitalization of $43.17 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3358 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 1st.

iShares 20+ Year Treasury Bond ETF Company 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. 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.

Recommended Stories