Tidal Investments LLC Purchases 62,713 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Tidal Investments LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 457.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,413 shares of the exchange traded fund’s stock after acquiring an additional 62,713 shares during the period. Tidal Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Bank of America Corp DE lifted its position 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 valued at $9,505,452,000 after purchasing an additional 10,380,437 shares during the last quarter. Morgan Stanley grew its stake in shares of 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 buying an additional 4,577,906 shares in the last quarter. Pureheart Capital Pte Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $292,683,000. Finally, Aozora Bank LTD. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $198,507,000. 73.33% of the stock is currently owned by institutional investors.

Key iShares 20+ Year Treasury Bond ETF News

Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:

• Positive Sentiment: Jim Cramer argued that retirees may benefit from shifting money out of growth stocks and into 30-year Treasuries. Increased attention to long-term Treasury income and capital preservation could support demand for TLT if investors embrace the defensive trade. Jim Cramer Flips the Script: Why Older Investors Should Ditch Growth Stocks for 30-Year Treasuries
• Positive Sentiment: Heavy options activity and commentary that bonds are becoming more attractive suggest traders are actively positioning for a potential move in Treasury prices, which could benefit TLT if yields eventually decline. Here’s why this U.S. Treasurys ETF is seeing heavy options volume
• Neutral Sentiment: Investors are focused on the Federal Reserve’s upcoming rate decision and whether recent economic data will change the outlook for policy. Rate-cut expectations would help TLT, while a prolonged or higher-rate outlook would remain a headwind. 5 Things That Investors Might Consider Ahead Of The Fed’s Rate Decision
• Negative Sentiment: August CPI and the prospect that the Fed could raise rates are weighing on long-term Treasuries. Higher inflation and policy rates generally push Treasury yields higher and bond prices lower, which is particularly damaging to a long-duration fund such as TLT. August CPI: The Fed May Hike And Stocks Don’t Care
• Negative Sentiment: U.S. yields approaching 5%, oil near $110 and renewed inflation concerns have increased fears that central banks may keep tightening. That environment has pressured long-duration bonds and contributed to TLT reaching a new 12-month low. Oil nears $110, yields near 5%: can KOSPI and Nikkei avoid a deeper rout?
• Negative Sentiment: Investors have favored ultrashort Treasury ETFs such as SGOV, which offer income with far less interest-rate risk. This rotation away from long-duration exposure is a direct relative disadvantage for TLT. TLT Holders Are Losing Money Again While SGOV Holders Just Collect Their Yield

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ TLT opened at $80.87 on Friday. The firm’s 50-day moving average price is $82.92 and its 200-day moving average price is $85.23. The stock has a market capitalization of $40.73 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 12-month low of $80.67 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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