Triumph Capital Management Raises Stake in iShares 20+ Year Treasury Bond ETF $TLT

Triumph Capital Management grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,997 shares of the exchange traded fund’s stock after purchasing an additional 6,508 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 1.2% of Triumph Capital Management’s investment portfolio, making the stock its 16th largest holding. Triumph Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,827,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during 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 during the period. Bank of America Corp DE boosted its holdings in iShares 20+ Year Treasury Bond ETF by 10.5% in the 4th 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 during the period. Morgan Stanley boosted its holdings in iShares 20+ Year Treasury Bond ETF by 31.3% in the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after buying an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $292,683,000. Finally, Aozora Bank LTD. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $198,507,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4%

NASDAQ:TLT opened at $82.52 on Tuesday. The business’s 50-day simple moving average is $83.78 and its two-hundred day simple moving average is $85.68. The stock has a market cap of $41.57 billion, a PE ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 52 week low of $81.17 and a 52 week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be given a dividend of $0.3147 per share. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.