Bank of Nova Scotia Raises Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Bank of Nova Scotia lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,026.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 53,633 shares of the exchange traded fund’s stock after acquiring an additional 48,873 shares during the period. Bank of Nova Scotia’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,733,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in 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. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after buying an additional 2,508,650 shares during the last quarter. Eisler Capital Management Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $94,839,000. Electron Capital Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $78,067,000. Finally, Harvest Portfolios Group Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 19.7% in the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after acquiring an additional 599,149 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $88.20 on Friday. The stock has a 50-day moving average of $89.88 and a two-hundred day moving average of $88.12. The stock has a market cap of $48.32 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were given a $0.3206 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.