iShares 20+ Year Treasury Bond ETF $TLT Stock Acquired by Financial Enhancement Group LLC

Financial Enhancement Group LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 122.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 170,442 shares of the exchange traded fund’s stock after acquiring an additional 93,918 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 1.5% of Financial Enhancement Group LLC’s portfolio, making the stock its 23rd biggest holding. Financial Enhancement Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. JPMorgan Chase & Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock worth $479,702,000 after purchasing an additional 860,164 shares during the period. Aozora Bank LTD. bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth $198,507,000. The Manufacturers Life Insurance Company lifted its stake in iShares 20+ Year Treasury Bond ETF by 141.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after purchasing an additional 769,615 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 30.1% during the second quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock valued at $90,949,000 after buying an additional 243,793 shares during the period. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.9%

Shares of NASDAQ:TLT traded up $0.73 on Thursday, reaching $77.87. 49,289,053 shares of the company traded hands, compared to its average volume of 33,881,859. The business’s 50-day simple moving average is $81.26 and its 200 day simple moving average is $84.04. iShares 20+ Year Treasury Bond ETF has a 52 week low of $76.43 and a 52 week high of $92.18. The stock has a market capitalization of $47.47 billion, a P/E ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3116 dividend. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st. This represents a $3.74 annualized dividend and a yield of 4.8%.

Key Headlines Impacting iShares 20+ Year Treasury Bond ETF

Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:

• Positive Sentiment: Foreign investors purchased approximately 80% of a $39 billion Treasury auction, signaling strong overseas demand for U.S. government debt and potentially providing support for longer-dated bonds. Foreign Buyers Took 80% of the Treasury’s $39 Billion Auction
• Positive Sentiment: Falling expectations for an October rate hike reduced near-term pressure on Treasury prices, although investors remain cautious because employment data could alter the outlook quickly. October Rate-Hike Odds Just Fell From 51% to 19% in One Week
• Positive Sentiment: Renewed recession concerns and signs that elevated borrowing costs are weakening the economy could increase demand for defensive, long-duration government bonds. Recession Warning: The Signals Are Lining Up
• Neutral Sentiment: Escalating Middle East tensions may encourage safe-haven buying of Treasuries, but any resulting inflation or energy-price shock could keep yields elevated. Markets Struggle As Middle East Conflict Heats Up
• Negative Sentiment: Global competition for capital has lifted real Treasury yields, increasing the return investors demand and weighing on long-duration bond valuations such as TLT. Bond Valuations Reflect Higher Hurdle for Capital
• Negative Sentiment: The Federal Reserve’s unanimous September rate increase and indications that most officials favor another hike before year-end reinforce the risk of persistently high short- and long-term yields. Every Fed Official Backed September’s Hike

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. 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.