New Century Financial Group LLC Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

New Century Financial Group LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,890 shares of the exchange traded fund’s stock after acquiring an additional 1,221 shares during the period. New Century Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $776,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of TLT. Northwestern Mutual Wealth Management Co. raised its holdings 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 valued at $2,994,131,000 after acquiring an additional 31,502,110 shares during the period. Assetmark Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares during the last quarter. Mackenzie Financial Corp lifted its position in iShares 20+ Year Treasury Bond ETF by 5.4% in the 2nd quarter. Mackenzie Financial Corp now owns 3,059,000 shares of the exchange traded fund’s stock worth $280,755,000 after buying an additional 155,900 shares during the last quarter. Harvest Portfolios Group Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after purchasing an additional 683,915 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after buying an additional 709,409 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8 %

Shares of TLT opened at $86.83 on Friday. The firm has a fifty day simple moving average of $89.41 and a two-hundred day simple moving average of $93.39. The stock has a market capitalization of $51.06 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.85%.

iShares 20+ Year Treasury Bond ETF 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.