Centre Asset Management LLC Purchases 13,676 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Centre Asset Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 421,331 shares of the exchange traded fund’s stock after purchasing an additional 13,676 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 8.4% of Centre Asset Management LLC’s investment portfolio, making the stock its biggest position. Centre Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $36,795,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after acquiring an additional 814,240 shares during the last quarter. Cibc World Market Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 21.9% in the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after purchasing an additional 1,511,435 shares during the period. LPL Financial LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after purchasing an additional 359,489 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT traded up $0.08 during midday trading on Friday, reaching $87.65. 7,099,343 shares of the company’s stock were exchanged, compared to its average volume of 17,107,109. The firm’s 50 day simple moving average is $90.90 and its two-hundred day simple moving average is $94.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $86.98 and a fifty-two week high of $101.64. The stock has a market cap of $50.45 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.81%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

iShares 20+ Year Treasury Bond ETF 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.