Bluedoor Private Wealth LLC Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Bluedoor Private Wealth LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 6,200 shares of the exchange traded fund’s stock, valued at approximately $540,000.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Morgan Stanley grew its stake in iShares 20+ Year Treasury Bond ETF by 31.3% in the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after acquiring an additional 4,577,906 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares 20+ Year Treasury Bond ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after acquiring an additional 1,418,641 shares in the last quarter. State Street Corp bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $88,673,000. Finally, Prudential PLC grew its stake in iShares 20+ Year Treasury Bond ETF by 104.9% in the 3rd quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock worth $93,536,000 after acquiring an additional 535,870 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $85.72 on Tuesday. The company has a market capitalization of $42.65 billion, a P/E ratio of -6.75 and a beta of 0.52. The company’s 50-day simple moving average is $85.68 and its two-hundred day simple moving average is $87.18. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.3358 dividend. This represents a c) annualized dividend and a yield of 4.7%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st.

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.