Cooper Financial Group Boosts Stake in iShares 20+ Year Treasury Bond ETF $TLT

Cooper Financial Group boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 274.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,653 shares of the exchange traded fund’s stock after buying an additional 8,542 shares during the period. Cooper Financial Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,016,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in iShares 20+ Year Treasury Bond ETF by 3.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after acquiring an additional 1,195,788 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 8.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock valued at $594,984,000 after purchasing an additional 527,803 shares during the last quarter. Harvest Portfolios Group Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after purchasing an additional 33,088 shares during the period. Finally, Alliancebernstein L.P. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $85.83 on Friday. The stock’s fifty day moving average is $88.22 and its 200 day moving average is $88.87. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The firm has a market capitalization of $44.54 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3006 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.