AlTi Global Inc. Buys 44,300 Shares of iShares 20+ Year Treasury Bond ETF $TLT

AlTi Global Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 564,985 shares of the exchange traded fund’s stock after purchasing an additional 44,300 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 1.1% of AlTi Global Inc.’s portfolio, making the stock its 20th biggest position. AlTi Global Inc. owned 0.11% of iShares 20+ Year Treasury Bond ETF worth $48,940,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in TLT. JPMorgan Chase & Co. increased its holdings 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 purchasing an additional 44,234,543 shares during the period. Bank of America Corp DE grew its position in shares of iShares 20+ Year Treasury Bond ETF by 10.5% in the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after buying an additional 10,380,437 shares during the last quarter. Morgan Stanley grew its position in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in 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 last quarter. Pureheart Capital Pte Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake 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 valued at $3,760,094,000 after buying an additional 1,418,641 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $84.52 on Monday. The business has a 50 day moving average of $85.28 and a 200 day moving average of $86.72. 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 $42.99 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

iShares 20+ Year Treasury Bond ETF 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.