Peregrine Asset Advisers Inc. Has $1.18 Million Stake in iShares 20+ Year Treasury Bond ETF $TLT

Peregrine Asset Advisers Inc. decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 85.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 13,409 shares of the exchange traded fund’s stock after selling 79,911 shares during the period. Peregrine Asset Advisers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,183,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in TLT. Goldman Sachs Group Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 200.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock valued at $3,281,866,000 after acquiring an additional 71,888,500 shares during the last quarter. Simplex Trading LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth about $278,367,000. Assetmark Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 415.4% in the first quarter. Assetmark Inc. now owns 1,678,685 shares of the exchange traded fund’s stock worth $152,811,000 after purchasing an additional 1,352,977 shares during the period. Eisler Capital Management Ltd. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth about $94,839,000. Finally, Electron Capital Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth about $78,067,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.29 on Monday. The business’s 50-day simple moving average is $89.49 and its 200-day simple moving average is $87.66. The firm has a market capitalization of $49.60 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd will be paid a $0.3251 dividend. The ex-dividend date is Monday, November 3rd. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.