Insigneo Advisory Services LLC Acquires 3,549 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Insigneo Advisory Services LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,273 shares of the exchange traded fund’s stock after purchasing an additional 3,549 shares during the quarter. Insigneo Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,483,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TLT. Capula Management Ltd bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $455,550,000. State of Tennessee Department of Treasury purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $194,796,000. Wealthfront Advisers LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after buying an additional 1,509,302 shares during the last quarter. FMR LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 24.3% during the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after buying an additional 1,421,699 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 751.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock worth $104,795,000 after purchasing an additional 1,059,000 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.0%

TLT stock opened at $85.46 on Tuesday. The stock’s fifty day simple moving average is $86.71 and its two-hundred day simple moving average is $88.46. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.30 and a 1-year high of $101.64. The stock has a market cap of $46.24 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.3195 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.83 annualized dividend and a yield of 4.49%.

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.