Envestnet Portfolio Solutions Inc. Raises Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2,830.0% during the second quarter, Holdings Channel reports. The fund owned 685,649 shares of the exchange traded fund’s stock after purchasing an additional 662,248 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $59,254,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 125.5% in 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 in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the fourth 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 in the last quarter. Morgan Stanley raised its position in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after buying an additional 4,577,906 shares during the last quarter. Pureheart Capital Pte Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% in 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 last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $82.11 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $81.89 and a 1 year high of $92.18. The company’s 50 day simple moving average is $84.62 and its 200 day simple moving average is $86.14. The company has a market capitalization of $41.36 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.3305 per share. The ex-dividend date of this dividend was Monday, August 3rd.

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.