Prospera Private Wealth LLC Buys Shares of 425 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Prospera Private Wealth LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 425 shares of the exchange traded fund’s stock, valued at approximately $42,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the period. Jane Street Group LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% during the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after purchasing an additional 6,457,638 shares during the period. Envestnet Asset Management Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after purchasing an additional 814,240 shares in the last quarter. Cibc World Market Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after buying an additional 1,511,435 shares during the period. Finally, LPL Financial LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after buying an additional 359,489 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ:TLT opened at $90.39 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $87.34 and a 12-month high of $101.64. The firm has a market capitalization of $58.55 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm has a fifty day moving average of $94.34 and a two-hundred day moving average of $94.21.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 4.12%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.