IPG Investment Advisors LLC Purchases 12,810 Shares of iShares 20+ Year Treasury Bond ETF $TLT

IPG Investment Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 107,191 shares of the exchange traded fund’s stock after buying an additional 12,810 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.2% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 20th largest position. IPG Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,337,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Aozora Bank LTD. acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $198,507,000. Envestnet Asset Management Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after acquiring an additional 860,164 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in iShares 20+ Year Treasury Bond ETF by 141.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after acquiring an additional 769,615 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2,830.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock valued at $59,254,000 after purchasing an additional 662,248 shares in the last quarter. Finally, Tectonic Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2,200.2% during the 3rd quarter. Tectonic Advisors LLC now owns 384,917 shares of the exchange traded fund’s stock valued at $29,939,000 after purchasing an additional 368,183 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $81.11 on Wednesday. The firm’s 50 day moving average is $80.46 and its 200-day moving average is $84.58. The stock has a market capitalization of $47.20 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 12-month low of $76.43 and a 12-month high of $90.86.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be issued a dividend of $0.3432 per share. The ex-dividend date is Monday, November 2nd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. This represents a $4.12 dividend on an annualized basis and a yield of 5.1%.

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.