Fmr LLC Has $574.21 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Fmr LLC decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 64.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 5,853,290 shares of the exchange traded fund’s stock after selling 10,805,442 shares during the period. Fmr LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $574,208,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of TLT. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $35,000. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $36,000. Finally, PSI Advisors LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 79.6% during the 2nd quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 183 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.7 %

Shares of TLT opened at $93.01 on Friday. The company has a market capitalization of $60.25 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64. The stock’s 50-day moving average price is $93.66 and its two-hundred day moving average price is $94.29.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.3105 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a dividend yield of 4.01%.

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.