Northeast Financial Group Inc. Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Northeast Financial Group Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 32.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,843 shares of the exchange traded fund’s stock after buying an additional 17,422 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 2.3% of Northeast Financial Group Inc.’s portfolio, making the stock its 14th biggest position. Northeast Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,274,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its stake in 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 purchasing an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $89,789,000. IMC Chicago LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 440.7% during the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after buying an additional 851,884 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares in the last quarter. Finally, Harvest Portfolios Group Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after buying an additional 683,915 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $88.42 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The stock has a market cap of $52.26 billion, a PE ratio of -7.14 and a beta of 0.06. The firm has a fifty day moving average price of $89.21 and a 200 day moving average price of $93.25.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.76%.

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.