iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Acquired by Private Client Services LLC

Private Client Services LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 59.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 42,620 shares of the exchange traded fund’s stock after purchasing an additional 15,825 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 2.2% of Private Client Services LLC’s portfolio, making the stock its 8th largest holding. Private Client Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,181,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Motco purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $35,000. Anfield Capital Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $36,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at $37,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.9 %

Shares of TLT stock opened at $96.74 on Friday. The stock’s fifty day simple moving average is $97.80 and its 200-day simple moving average is $93.84. The company has a market capitalization of $57.35 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.