Rehmann Capital Advisory Group Increases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Rehmann Capital Advisory Group lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 134,309 shares of the exchange traded fund’s stock after purchasing an additional 21,127 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.9% of Rehmann Capital Advisory Group’s investment portfolio, making the stock its 22nd largest holding. Rehmann Capital Advisory Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares during the last quarter. Assetmark Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares in the last quarter. Hantz Financial Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $143,473,000. Cibc World Market Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 21.9% during the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after purchasing an additional 1,511,435 shares in the last quarter. Finally, Ocean Park Asset Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $95,153,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5 %

NASDAQ TLT opened at $93.08 on Wednesday. The stock has a market cap of $60.30 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64. The company’s 50 day moving average is $92.80 and its two-hundred day moving average is $94.46.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a dividend of $0.325 per share. The ex-dividend date was Monday, December 2nd. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31.

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.