Financial Advocates Investment Management Purchases 2,958 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Financial Advocates Investment Management lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.8% during the second quarter, Holdings Channel.com reports. The firm owned 46,412 shares of the exchange traded fund’s stock after acquiring an additional 2,958 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,096,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 1.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 38,017,057 shares of the exchange traded fund’s stock valued at $3,460,693,000 after acquiring an additional 374,811 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 200.6% in 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 purchasing an additional 71,888,500 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 84.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares in the last quarter. Harvest Portfolios Group Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock valued at $331,229,000 after purchasing an additional 599,149 shares in the last quarter. Finally, Simplex Trading LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $278,367,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $90.01 on Tuesday. 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 $49.31 billion, a PE ratio of -6.75 and a beta of 0.53. The stock has a 50-day moving average of $89.96 and a 200-day moving average of $87.83.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.