iShares 20+ Year Treasury Bond ETF $TLT Stock: Nationwide Fund Advisors Raises Holdings

Nationwide Fund Advisors lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.5% during the 3rd quarter, Holdings Channel reports. The firm owned 119,258 shares of the exchange traded fund’s stock after buying an additional 8,278 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 0.4% of Nationwide Fund Advisors’ investment portfolio, making the stock its 8th biggest holding. Nationwide Fund Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $9,276,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% during 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 purchasing an additional 860,164 shares during the last quarter. Aozora Bank LTD. acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $198,507,000. The Manufacturers Life Insurance Company boosted its position in iShares 20+ Year Treasury Bond ETF by 141.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after buying an additional 769,615 shares in the last quarter. HighTower Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 30.1% in the second quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock valued at $90,949,000 after buying an additional 243,793 shares in the last quarter. Finally, State Street Corp grew its stake in iShares 20+ Year Treasury Bond ETF by 34.1% during the second quarter. State Street Corp now owns 739,553 shares of the exchange traded fund’s stock worth $63,912,000 after buying an additional 188,174 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.6%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $81.49 on Friday. The stock has a market capitalization of $47.60 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The firm’s 50-day moving average price is $80.51 and its two-hundred day moving average price is $84.68. iShares 20+ Year Treasury Bond ETF has a 1-year low of $76.43 and a 1-year high of $90.97.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3116 dividend. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.6%. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 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.