Dorsey Wright & Associates Grows Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Dorsey Wright & Associates lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 611.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,717 shares of the exchange traded fund’s stock after buying an additional 32,414 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares 20+ Year Treasury Bond ETF were worth $3,270,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Bank of America Corp DE grew its holdings in iShares 20+ Year Treasury Bond ETF by 10.5% in 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 period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after buying an additional 1,418,641 shares during the period. Morgan Stanley raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during 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 during the period. JPMorgan Chase & Co. lifted its position in shares of 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 buying an additional 44,234,543 shares in the last quarter. Finally, Pureheart Capital Pte Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $292,683,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4%

TLT opened at $84.52 on Friday. The firm’s fifty day simple moving average is $85.28 and its two-hundred day simple moving average is $86.73. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The company has a market cap of $42.83 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.318 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.