Bank of New York Mellon Corp Increases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Bank of New York Mellon Corp raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 444,657 shares of the exchange traded fund’s stock after purchasing an additional 34,451 shares during the quarter. Bank of New York Mellon Corp owned 0.09% of iShares 20+ Year Treasury Bond ETF worth $38,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of TLT. CPR Investments Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 164.4% during the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock worth $6,692,000 after purchasing an additional 47,741 shares during the last quarter. Caldwell Trust Co boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,038.7% in the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after purchasing an additional 6,045 shares in the last quarter. Affinity Wealth Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after purchasing an additional 7,325 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 15.1% during the 4th quarter. Sanctuary Advisors LLC now owns 244,123 shares of the exchange traded fund’s stock valued at $21,278,000 after purchasing an additional 31,983 shares during the last quarter. Finally, Archford Capital Strategies LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $2,226,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ TLT opened at $83.25 on Friday. The stock’s 50-day moving average is $85.15 and its 200 day moving average is $86.59. The stock has a market cap of $42.25 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given 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 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.