iShares 20+ Year Treasury Bond ETF $TLT Position Boosted by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,017 shares of the exchange traded fund’s stock after buying an additional 10,052 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,374,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TLT. Bank of America Corp DE increased its position 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 purchasing an additional 10,380,437 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.4% in the 4th 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 in the last quarter. Morgan Stanley increased its holdings in 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 worth $1,672,338,000 after buying an additional 4,577,906 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Finally, Harvest Portfolios Group Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after acquiring an additional 33,088 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $86.75 on Friday. The stock’s 50 day simple moving average is $85.66 and its 200 day simple moving average is $87.09. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The company has a market capitalization of $43.17 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3358 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 20+ Year Treasury Bond ETF Company 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.