Principal Securities Inc. Raises Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Principal Securities Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,295.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 74,429 shares of the exchange traded fund’s stock after purchasing an additional 69,097 shares during the quarter. Principal Securities Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,301,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. McAdam LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 43.9% in the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after buying an additional 5,893 shares during the period. Saxon Interests Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 28.4% in the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after acquiring an additional 1,355 shares during the last quarter. Riverwater Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $223,000. Vontobel Holding Ltd. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Finally, Hancock Whitney Corp acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $1,674,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

iShares 20+ Year Treasury Bond ETF stock opened at $92.45 on Friday. The stock has a market cap of $58.99 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a fifty day simple moving average of $96.76 and a 200-day simple moving average of $94.00. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.55 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.