AIA Group Ltd Has $171.72 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AIA Group Ltd raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 33.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,966,346 shares of the exchange traded fund’s stock after acquiring an additional 491,835 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 4.1% of AIA Group Ltd’s portfolio, making the stock its 4th largest holding. AIA Group Ltd’s holdings in iShares 20+ Year Treasury Bond ETF were worth $171,721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Wealthfront Advisers LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1,901.0% during the 4th quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after acquiring an additional 1,509,302 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $89,789,000. Cassaday & Co Wealth Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $68,474,000. University of Illinois Foundation increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 121.2% in the fourth quarter. University of Illinois Foundation now owns 1,405,528 shares of the exchange traded fund’s stock worth $122,745,000 after buying an additional 770,040 shares during the period. Finally, US Bancorp DE raised its holdings in iShares 20+ Year Treasury Bond ETF by 78.0% during the 4th quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after buying an additional 743,864 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.4 %

TLT stock opened at $90.14 on Monday. The stock has a market capitalization of $54.79 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The firm’s 50-day moving average price is $89.51 and its two-hundred day moving average price is $91.28.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2898 per share. The ex-dividend date was Monday, March 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.