56,490 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Bought by Pilgrim Partners Asia Pte Ltd

Pilgrim Partners Asia Pte Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel reports. The fund purchased 56,490 shares of the exchange traded fund’s stock, valued at approximately $4,933,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 4.3% of Pilgrim Partners Asia Pte Ltd’s holdings, making the stock its 7th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TLT. Hazlett Burt & Watson Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.9% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock valued at $214,000 after buying an additional 115 shares during the last quarter. Hollencrest Capital Management raised its stake in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock valued at $1,259,000 after acquiring an additional 122 shares in the last quarter. Islay Capital Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 3.9% during the 4th quarter. Islay Capital Management LLC now owns 3,392 shares of the exchange traded fund’s stock worth $296,000 after acquiring an additional 126 shares during the period. New Republic Capital LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 12.2% in the fourth quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock worth $113,000 after purchasing an additional 140 shares in the last quarter. Finally, Claro Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after purchasing an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $92.85 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The firm has a market capitalization of $52.76 billion, a PE ratio of -7.38 and a beta of 0.47. The company’s 50 day simple moving average is $89.95 and its 200 day simple moving average is $91.10.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a $0.3256 dividend. This represents a $3.91 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.