SBI Securities Co. Ltd. Takes $23.49 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SBI Securities Co. Ltd. purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 268,939 shares of the exchange traded fund’s stock, valued at approximately $23,486,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.7% of SBI Securities Co. Ltd.’s holdings, making the stock its 24th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 9.3% during the 4th quarter. Jones Financial Companies Lllp now owns 133,297 shares of the exchange traded fund’s stock worth $11,641,000 after buying an additional 11,316 shares during the last quarter. Modera Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 11.2% in the fourth quarter. Modera Wealth Management LLC now owns 8,433 shares of the exchange traded fund’s stock valued at $736,000 after acquiring an additional 850 shares during the last quarter. SRS Capital Advisors Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 30,850.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,238 shares of the exchange traded fund’s stock valued at $108,000 after acquiring an additional 1,234 shares in the last quarter. Richard W. Paul & Associates LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.7% during the fourth quarter. Richard W. Paul & Associates LLC now owns 112,997 shares of the exchange traded fund’s stock worth $9,868,000 after purchasing an additional 1,842 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of iShares 20+ Year Treasury Bond ETF by 78.0% during the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock worth $148,211,000 after purchasing an additional 743,864 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 1.2 %

Shares of NASDAQ TLT opened at $92.39 on Friday. The business has a 50-day moving average price of $88.07 and a 200 day moving average price of $92.43. The stock has a market cap of $55.06 billion, a PE ratio of -7.34 and a beta of 0.36. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.