Edgestream Partners L.P. Reduces Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Edgestream Partners L.P. decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 159,730 shares of the exchange traded fund’s stock after selling 2,929 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 0.7% of Edgestream Partners L.P.’s holdings, making the stock its 7th biggest holding. Edgestream Partners L.P.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,670,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd 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 buying an additional 31,502,110 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after acquiring an additional 814,240 shares in the last quarter. Cibc World Market Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% in the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing an additional 1,511,435 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 7.9% during the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after purchasing an additional 359,489 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $93.97 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $87.34 and a 1-year high of $101.64. The business has a fifty day moving average price of $93.54 and a 200-day moving average price of $94.28. The stock has a market capitalization of $59.70 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.3105 dividend. This represents a $3.73 annualized dividend and a yield of 3.97%. 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.

iShares 20+ Year Treasury Bond ETF Profile

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.