124,714 Shares in iShares 20+ Year Treasury Bond ETF $TLT Acquired by Penserra Capital Management LLC

Penserra Capital Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 124,714 shares of the exchange traded fund’s stock, valued at approximately $11,006,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the 2nd 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 in the last quarter. Woodard & Co. Asset Management Group Inc. ADV increased its stake in iShares 20+ Year Treasury Bond ETF by 416.0% during the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 416 shares in the last quarter. SouthState Corp acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth $50,000. Harbor Investment Advisory LLC raised its holdings 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 buying an additional 591 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at $71,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $89.57 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.85. The company has a market cap of $49.07 billion, a PE ratio of -6.75 and a beta of 0.53. The firm has a 50-day moving average of $89.77 and a 200-day moving average of $87.75.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.3251 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%. 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

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.