Encompass More Asset Management Makes New $298,000 Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Encompass More Asset Management purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 3,411 shares of the exchange traded fund’s stock, valued at approximately $298,000.

Several other institutional investors and hedge funds also recently modified their holdings of TLT. Fund Evaluation Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $232,000. Toronto Dominion Bank lifted its position in iShares 20+ Year Treasury Bond ETF by 1.6% during the 2nd quarter. Toronto Dominion Bank now owns 73,670 shares of the exchange traded fund’s stock worth $6,761,000 after buying an additional 1,180 shares in the last quarter. Mackenzie Financial Corp boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.4% during the 2nd quarter. Mackenzie Financial Corp now owns 3,059,000 shares of the exchange traded fund’s stock worth $280,755,000 after buying an additional 155,900 shares during the last quarter. Main Management Fund Advisors LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $46,248,000. Finally, Arkos Global Advisors acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $496,000. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $87.22 on Friday. The business’s 50-day simple moving average is $89.35 and its 200 day simple moving average is $93.35. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The firm has a market capitalization of $51.29 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 monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

iShares 20+ Year Treasury Bond ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding TLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report).

Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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