iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 56.4% during the third quarter, Holdings Channel.com reports. The fund owned 5,281 shares of the exchange traded fund’s stock after purchasing an additional 1,905 shares during the quarter. Advisors Asset Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $518,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. McAdam LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 43.9% in the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after acquiring an additional 5,893 shares during the period. Saxon Interests Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 28.4% in the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 1,355 shares during the period. Riverwater Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $223,000. Vontobel Holding Ltd. grew its stake in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after acquiring an additional 36,070 shares during the period. Finally, Wedgewood Investors Inc. PA purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $481,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $93.01 on Thursday. The stock’s fifty day moving average is $93.80 and its two-hundred day moving average is $94.30. The firm has a market capitalization of $60.25 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.

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 issued 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 4.01%. This is a positive change 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.