Wolverine Asset Management LLC Acquires 2,032 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Wolverine Asset Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 50.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,032 shares of the exchange traded fund’s stock after purchasing an additional 2,032 shares during the quarter. Wolverine Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $532,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TLT. MassMutual Private Wealth & Trust FSB boosted its position in iShares 20+ Year Treasury Bond ETF by 38.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV boosted its position in iShares 20+ Year Treasury Bond ETF by 416.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 416 shares during the period. Rossby Financial LCC bought a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $51,000. Harbor Investment Advisory LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 1,477.5% during the second quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 591 shares during the period. Finally, Centennial Bank AR bought a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $63,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3%

Shares of NASDAQ:TLT opened at $90.29 on Monday. 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 twelve month low of $83.29 and a twelve month high of $94.85. The company has a 50-day moving average price of $89.49 and a two-hundred day moving average price of $87.66.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.