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

Oppenheimer & Co. Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 111.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,489 shares of the exchange traded fund’s stock after buying an additional 31,306 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,836,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TLT. Bleakley Financial Group LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 3.5% in the 1st quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 121 shares in the last quarter. Koshinski Asset Management Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 52.7% during the first quarter. Koshinski Asset Management Inc. now owns 3,984 shares of the exchange traded fund’s stock worth $377,000 after purchasing an additional 1,375 shares during the last quarter. Blair William & Co. IL raised its stake in iShares 20+ Year Treasury Bond ETF by 3.5% during the first quarter. Blair William & Co. IL now owns 11,663 shares of the exchange traded fund’s stock worth $1,104,000 after purchasing an additional 389 shares during the period. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $32,000. Finally, Banco Santander S.A. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2,647.0% in the 1st quarter. Banco Santander S.A. now owns 107,159 shares of the exchange traded fund’s stock valued at $10,139,000 after purchasing an additional 103,258 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $90.32 on Friday. The company has a market capitalization of $58.51 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $95.32 and a 200-day simple moving average of $94.16. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.