Everest Financial Group LLC Takes $2.51 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Everest Financial Group LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 28,913 shares of the exchange traded fund’s stock, valued at approximately $2,506,000.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in iShares 20+ Year Treasury Bond ETF by 125.5% in the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after buying an additional 44,234,543 shares during the period. Bank of America Corp DE lifted its stake 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 buying an additional 10,380,437 shares during the last quarter. Morgan Stanley boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after acquiring an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $292,683,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the fourth 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 acquiring an additional 1,418,641 shares during the last quarter. 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 $83.25 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The company has a 50-day simple moving average of $85.15 and a 200-day simple moving average of $86.59. The firm has a market capitalization of $42.25 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.318 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.