iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shareholders Set to Receive $0.31 Monthly Dividend

iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.3116 per share by the exchange traded fund on Tuesday, October 6th. This represents a $3.74 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 1.0% decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $77.78 on Thursday. The stock has a 50-day simple moving average of $81.87 and a two-hundred day simple moving average of $84.39. The firm has a market capitalization of $45.74 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $77.55 and a fifty-two week high of $92.18.

Institutional Investors Weigh In On iShares 20+ Year Treasury Bond ETF

A number of hedge funds have recently modified their holdings of TLT. JPMorgan Chase & Co. grew its stake in iShares 20+ Year Treasury Bond ETF by 125.5% during 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 acquiring an additional 44,234,543 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after acquiring an additional 860,164 shares during the last quarter. Aozora Bank LTD. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $198,507,000. The Manufacturers Life Insurance Company boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 141.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after purchasing an additional 769,615 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 30.1% during the 2nd quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock worth $90,949,000 after purchasing an additional 243,793 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Company 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.