Envestnet Asset Management Inc. Buys 298,003 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Envestnet Asset Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,956,950 shares of the exchange traded fund’s stock after buying an additional 298,003 shares during the quarter. Envestnet Asset Management Inc. owned 2.63% of iShares 20+ Year Treasury Bond ETF worth $1,393,520,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock valued at $527,045,000 after acquiring an additional 235,504 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after purchasing an additional 353,468 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 36.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,230,371 shares of the exchange traded fund’s stock valued at $194,778,000 after purchasing an additional 592,846 shares during the last quarter. AIA Group Ltd boosted its position in iShares 20+ Year Treasury Bond ETF by 33.4% in the fourth quarter. AIA Group Ltd now owns 1,966,346 shares of the exchange traded fund’s stock valued at $171,721,000 after buying an additional 491,835 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 9.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock worth $171,007,000 after buying an additional 175,574 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.1 %

NASDAQ:TLT opened at $92.85 on Friday. The stock has a market capitalization of $52.76 billion, a P/E ratio of -7.38 and a beta of 0.47. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The firm has a 50 day moving average of $89.95 and a 200-day moving average of $91.10.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.3256 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.91 annualized dividend and a yield of 4.21%.

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.