Dearborn Partners LLC Increases Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Dearborn Partners LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,693 shares of the exchange traded fund’s stock after purchasing an additional 243 shares during the period. Dearborn Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $264,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares in the last quarter. Jane Street Group LLC grew its position in iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after acquiring an additional 6,457,638 shares in the last quarter. Assetmark Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares in the last quarter. Annex Advisory Services LLC raised its position in iShares 20+ Year Treasury Bond ETF by 11,463.6% during the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock valued at $233,021,000 after purchasing an additional 2,516,950 shares during the period. Finally, Hantz Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $143,473,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.08 on Friday. The stock has a market cap of $58.35 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average price of $95.13 and a 200-day moving average price of $94.17. iShares 20+ Year Treasury Bond ETF has a one year low of $87.34 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 4.14%.

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.