True Vision MN LLC Increases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

True Vision MN LLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,936 shares of the exchange traded fund’s stock after buying an additional 2,027 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 1.2% of True Vision MN LLC’s investment portfolio, making the stock its 20th largest position. True Vision MN LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,003,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of TLT. Principal Financial Group Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after acquiring an additional 27,586 shares during the period. Vontobel Holding Ltd. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Commerce Bank raised its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares during the period. ST Germain D J Co. Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the period. Finally, Cornerstone Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 5.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 201 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $89.00 on Tuesday. The company has a market capitalization of $54.09 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s 50 day simple moving average is $88.63 and its 200-day simple moving average is $93.02. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date was Monday, February 3rd.

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.