Pilgrim Partners Asia Pte Ltd Invests $4.93 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pilgrim Partners Asia Pte Ltd bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 56,490 shares of the exchange traded fund’s stock, valued at approximately $4,933,000. iShares 20+ Year Treasury Bond ETF accounts for about 4.3% of Pilgrim Partners Asia Pte Ltd’s investment portfolio, making the stock its 7th biggest position.

A number of other hedge funds have also added to or reduced their stakes in TLT. Wealthfront Advisers LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after purchasing an additional 1,509,302 shares during the period. Cassaday & Co Wealth Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $68,474,000. University of Illinois Foundation boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 121.2% during the 4th quarter. University of Illinois Foundation now owns 1,405,528 shares of the exchange traded fund’s stock worth $122,745,000 after purchasing an additional 770,040 shares during the last quarter. US Bancorp DE grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 78.0% in the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after purchasing an additional 743,864 shares during the period. Finally, Rock Creek Group LP purchased a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $56,549,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.1 %

TLT stock opened at $92.85 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The business’s fifty day moving average price is $89.95 and its 200 day moving average price is $91.10. The company has a market capitalization of $52.76 billion, a PE ratio of -7.38 and a beta of 0.47.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.