New York Life Investment Management LLC Purchases 14,878 Shares of iShares 20+ Year Treasury Bond ETF $TLT

New York Life Investment Management LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 166,722 shares of the exchange traded fund’s stock after purchasing an additional 14,878 shares during the quarter. New York Life Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,968,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Gen Wealth Partners Inc raised its holdings in iShares 20+ Year Treasury Bond ETF by 7.2% in the third quarter. Gen Wealth Partners Inc now owns 2,187 shares of the exchange traded fund’s stock valued at $170,000 after buying an additional 147 shares during the period. Altiora Financial Group LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $205,000. Texas Bank & Trust Co acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $432,000. Simplex Trading LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 60.4% in the third quarter. Simplex Trading LLC now owns 2,984,270 shares of the exchange traded fund’s stock worth $232,117,000 after acquiring an additional 1,123,273 shares in the last quarter. Finally, AlphaCore Capital LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 139.5% in the third quarter. AlphaCore Capital LLC now owns 8,901 shares of the exchange traded fund’s stock worth $692,000 after acquiring an additional 5,185 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 Trading Up 0.0%

Shares of TLT stock opened at $80.92 on Thursday. The company’s fifty day simple moving average is $80.31 and its 200-day simple moving average is $84.40. iShares 20+ Year Treasury Bond ETF has a 52 week low of $76.43 and a 52 week high of $90.86. The company has a market cap of $48.29 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a $0.3432 dividend. The ex-dividend date was Monday, November 2nd. This represents a $4.12 annualized dividend and a yield of 5.1%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116.

About iShares 20+ Year Treasury Bond ETF

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.