iShares 20+ Year Treasury Bond ETF $TLT Shares Bought by Axiom Investment Management LLC

Axiom Investment Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 94,124.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 160,181 shares of the exchange traded fund’s stock after buying an additional 160,011 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 10.1% of Axiom Investment Management LLC’s investment portfolio, making the stock its largest holding. Axiom Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Balentine LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $66,000. Formidable Asset Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 12.4% during the 3rd quarter. Formidable Asset Management LLC now owns 25,526 shares of the exchange traded fund’s stock valued at $2,206,000 after acquiring an additional 2,814 shares during the last quarter. Verus Capital Partners LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 55.6% during the 3rd quarter. Verus Capital Partners LLC now owns 61,722 shares of the exchange traded fund’s stock valued at $4,801,000 after acquiring an additional 22,057 shares during the last quarter. Asset Dedication LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 2,143.4% during the 3rd quarter. Asset Dedication LLC now owns 1,189 shares of the exchange traded fund’s stock worth $92,000 after acquiring an additional 1,136 shares in the last quarter. Finally, Plancorp LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 6.6% during the 3rd quarter. Plancorp LLC now owns 29,434 shares of the exchange traded fund’s stock worth $2,409,000 after acquiring an additional 1,833 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $81.92 on Friday. The company has a 50-day moving average of $80.38 and a 200-day moving average of $84.50. The company has a market capitalization of $49.09 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 1-year low of $76.43 and a 1-year high of $90.86.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.3432 per share. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. This represents a $4.12 annualized dividend and a dividend yield of 5.0%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.