King Luther Capital Management Corp Raises Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

King Luther Capital Management Corp increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,913 shares of the exchange traded fund’s stock after buying an additional 477 shares during the period. King Luther Capital Management Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $580,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 153.8% during the first quarter. Advisors Asset Management Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $169,000 after acquiring an additional 1,081 shares in the last quarter. LRI Investments LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $42,000. Lazard Asset Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.2% in the 1st quarter. Lazard Asset Management LLC now owns 5,002 shares of the exchange traded fund’s stock worth $473,000 after buying an additional 874 shares during the period. Ashford Capital Management Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the 1st quarter. Ashford Capital Management Inc. now owns 30,635 shares of the exchange traded fund’s stock worth $2,899,000 after buying an additional 679 shares in the last quarter. Finally, Dynasty Wealth Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $44,346,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $90.39 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $87.34 and a 1-year high of $101.64. The company has a 50-day moving average of $94.14 and a 200 day moving average of $94.24. The firm has a market cap of $58.55 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a yield of 4.12%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st.

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.