Assetmark Inc. Purchases 1,411,767 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Assetmark Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 652.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,628,189 shares of the exchange traded fund’s stock after acquiring an additional 1,411,767 shares during the period. Assetmark Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $145,511,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of TLT. Davis Rea LTD. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $4,468,000. WestEnd Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 17.1% in the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock worth $82,518,000 after acquiring an additional 134,792 shares during the last quarter. First Horizon Corp acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $5,510,000. Global Retirement Partners LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 439.2% during the 3rd quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock valued at $4,174,000 after purchasing an additional 38,043 shares during the period. Finally, Intrua Financial LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 43.3% during the 3rd quarter. Intrua Financial LLC now owns 31,920 shares of the exchange traded fund’s stock worth $2,853,000 after buying an additional 9,638 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $89.23 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The company has a market cap of $46.30 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The firm has a 50 day simple moving average of $87.69 and a 200 day simple moving average of $88.54.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.3319 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.