Syntax Research Inc. Raises Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Syntax Research Inc. increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 43,990 shares of the exchange traded fund’s stock after purchasing an additional 274 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 2.9% of Syntax Research Inc.’s holdings, making the stock its 10th biggest holding. Syntax Research Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,315,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TLT. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second 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 acquiring an additional 31,502,110 shares during the period. Assetmark Inc. raised its position in 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. Hantz Financial Services Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $143,473,000. Cibc World Market Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after buying an additional 1,511,435 shares during the period. Finally, Ocean Park Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $95,153,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.64 on Wednesday. The business has a 50 day moving average of $92.38 and a 200 day moving average of $94.48. iShares 20+ Year Treasury Bond ETF has a 52 week low of $87.34 and a 52 week high of $101.64. The company has a market cap of $58.72 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.325 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31.

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.