Marathon Trading Investment Management LLC Increases Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Marathon Trading Investment Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,729.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,305 shares of the exchange traded fund’s stock after buying an additional 47,555 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 0.3% of Marathon Trading Investment Management LLC’s holdings, making the stock its 14th biggest holding. Marathon Trading Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in TLT. Motco purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $35,000. Palisade Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $37,000. Finally, Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $36,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.2 %

Shares of NASDAQ:TLT opened at $99.59 on Thursday. The stock has a market cap of $59.04 billion, a PE ratio of -7.14 and a beta of 0.06. The company’s fifty day moving average is $96.61 and its 200 day moving average is $93.55. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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