Verition Fund Management LLC Increases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Verition Fund Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 228.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 152,993 shares of the exchange traded fund’s stock after purchasing an additional 106,415 shares during the quarter. Verition Fund Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,009,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth $35,000. ORG Wealth Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $36,000. Finally, PSI Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 79.6% in the 2nd quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 183 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $93.97 on Friday. The stock has a market cap of $59.70 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a 50-day moving average of $93.54 and a two-hundred day moving average of $94.28. iShares 20+ Year Treasury Bond ETF has a one year low of $87.34 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.