State of New Jersey Common Pension Fund D Acquires Shares of 25,000 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

State of New Jersey Common Pension Fund D acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 25,000 shares of the exchange traded fund’s stock, valued at approximately $2,452,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Divergent Wealth Advisors raised its holdings in iShares 20+ Year Treasury Bond ETF by 1.1% during the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after purchasing an additional 117 shares in the last quarter. Bleakley Financial Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after acquiring an additional 121 shares during the last quarter. Trivant Custom Portfolio Group LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 4.0% in the second quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 127 shares in the last quarter. Crewe Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 22.4% in the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 135 shares in the last quarter. Finally, Institute for Wealth Management LLC. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3.8% during the second quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock worth $341,000 after purchasing an additional 136 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $89.80 on Thursday. The company has a market capitalization of $58.17 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week high of $101.64. The stock has a 50-day simple moving average of $95.51 and a 200-day simple moving average of $94.19.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 4.15%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.