Oppenheimer & Co. Inc. Grows Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Oppenheimer & Co. Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 111.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 59,489 shares of the exchange traded fund’s stock after purchasing an additional 31,306 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,836,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Pinnacle Financial Partners Inc raised its position in iShares 20+ Year Treasury Bond ETF by 109.0% in the third quarter. Pinnacle Financial Partners Inc now owns 242,927 shares of the exchange traded fund’s stock valued at $23,831,000 after purchasing an additional 126,710 shares during the period. Moser Wealth Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 12.4% in the 3rd quarter. Moser Wealth Advisors LLC now owns 25,470 shares of the exchange traded fund’s stock valued at $2,499,000 after buying an additional 2,809 shares during the period. Private Wealth Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $4,745,000. Aptus Capital Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 5.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 38,573 shares of the exchange traded fund’s stock worth $3,784,000 after acquiring an additional 1,844 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 86.5% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 23,737 shares of the exchange traded fund’s stock valued at $2,329,000 after acquiring an additional 11,006 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $90.32 on Friday. The firm’s 50-day moving average is $95.32 and its two-hundred day moving average is $94.16. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64. The firm has a market capitalization of $58.51 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3105 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.13%. The ex-dividend date was Friday, November 1st.

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.