The Manufacturers Life Insurance Company Grows Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

The Manufacturers Life Insurance Company boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 141.9% during the second quarter, Holdings Channel.com reports. The fund owned 1,311,965 shares of the exchange traded fund’s stock after acquiring an additional 769,615 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares 20+ Year Treasury Bond ETF were worth $113,380,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Yukon Wealth Management Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after acquiring an additional 118 shares during the last quarter. Advyzon Investment Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock valued at $1,201,000 after purchasing an additional 124 shares in the last quarter. United Asset Strategies Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1.2% in the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock valued at $901,000 after purchasing an additional 126 shares during the last quarter. Harvest Fund Management Co. Ltd grew its position in shares of iShares 20+ Year Treasury Bond ETF by 15.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock valued at $82,000 after purchasing an additional 126 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 0.8% in the second quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock valued at $1,410,000 after purchasing an additional 132 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $80.87 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $80.67 and a 1-year high of $92.18. The stock has a market cap of $40.73 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The firm has a 50 day simple moving average of $82.92 and a 200-day simple moving average of $85.23.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.3147 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Tuesday, September 1st.

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. 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.