Ascent Advisors LLC Makes New $2.88 Million Investment in iShares 20+ Year Treasury Bond ETF $TLT

Ascent Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 33,269 shares of the exchange traded fund’s stock, valued at approximately $2,884,000. iShares 20+ Year Treasury Bond ETF comprises approximately 4.6% of Ascent Advisors LLC’s portfolio, making the stock its 8th largest holding.

A number of other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in shares of 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 valued at $784,229,000 after buying an additional 44,234,543 shares in the last quarter. Bank of America Corp DE lifted its holdings in iShares 20+ Year Treasury Bond ETF by 10.5% during the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after acquiring an additional 10,380,437 shares in the last quarter. Morgan Stanley lifted its holdings in iShares 20+ Year Treasury Bond ETF by 31.3% during the fourth 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. Pureheart Capital Pte Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $292,683,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares 20+ Year Treasury Bond ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after acquiring an additional 1,418,641 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $84.36 on Thursday. The company has a market capitalization of $41.17 billion, a P/E ratio of -6.75 and a beta of 0.51. The business has a 50-day moving average of $85.50 and a two-hundred day moving average of $86.89. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.318 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

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. 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.