Verition Fund Management LLC Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Verition Fund Management LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 228.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 152,993 shares of the exchange traded fund’s stock after acquiring an additional 106,415 shares during the period. Verition Fund Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,009,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Advisors Asset Management Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 153.8% during the first quarter. Advisors Asset Management Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $169,000 after buying an additional 1,081 shares during the last quarter. LRI Investments LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $42,000. American Trust purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $429,000. Transcend Capital Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.4% during the 2nd quarter. Transcend Capital Advisors LLC now owns 41,434 shares of the exchange traded fund’s stock valued at $3,803,000 after purchasing an additional 155 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its position in shares of iShares 20+ Year Treasury Bond ETF by 120.5% during the second quarter. Massmutual Trust Co. FSB ADV now owns 741 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 405 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $93.97 on Friday. The stock has a market capitalization of $59.70 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64. The business’s 50 day simple moving average is $93.54 and its 200-day simple moving average is $94.28.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.3105 dividend. 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 dividend yield of 3.97%.

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.