Spectrum Strategic Capital Management LLC Purchases 22,411 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Spectrum Strategic Capital Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 121.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 40,807 shares of the exchange traded fund’s stock after acquiring an additional 22,411 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 1.9% of Spectrum Strategic Capital Management LLC’s holdings, making the stock its 17th largest holding. Spectrum Strategic Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of TLT. Assetmark Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 652.3% during the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after acquiring an additional 1,411,767 shares during the period. Cibc World Market Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 429.3% during the 3rd quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock worth $133,217,000 after acquiring an additional 1,208,976 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in iShares 20+ Year Treasury Bond ETF by 3.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after acquiring an additional 1,195,788 shares during the period. Prudential PLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 104.9% during 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 during the period. Finally, Envestnet Asset Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 8.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after acquiring an additional 527,803 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $83.66 on Monday. The firm’s 50 day simple moving average is $86.54 and its 200 day simple moving average is $87.89. The firm has a market capitalization of $41.63 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.3153 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.