NewEdge Advisors LLC Buys 180,882 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

NewEdge Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 72.2% in the 2nd quarter, Holdings Channel reports. The fund owned 431,294 shares of the exchange traded fund’s stock after acquiring an additional 180,882 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $39,584,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Motco bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $35,000. Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $37,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $98.57 on Friday. The company’s 50-day moving average price is $97.44 and its two-hundred day moving average price is $93.74. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $101.64. The stock has a market capitalization of $58.43 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date was Tuesday, September 3rd.

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.