Triumph Capital Management Acquires New Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Triumph Capital Management acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 10,315 shares of the exchange traded fund’s stock, valued at approximately $901,000.

Several other hedge funds have also recently added to or reduced their stakes in TLT. Capula Management Ltd acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $455,550,000. State of Tennessee Department of Treasury acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $194,796,000. Wealthfront Advisers LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% in the 4th quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock worth $138,741,000 after acquiring an additional 1,509,302 shares during the last quarter. FMR LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 24.3% in the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after acquiring an additional 1,421,699 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 751.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock worth $104,795,000 after acquiring an additional 1,059,000 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3%

Shares of TLT opened at $86.30 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The company has a market capitalization of $46.70 billion, a PE ratio of -7.06 and a beta of 0.06. The stock has a fifty day simple moving average of $88.74 and a two-hundred day simple moving average of $89.34.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were paid a $0.3276 dividend. The ex-dividend date was Thursday, May 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $3.93 dividend on an annualized basis and a dividend yield of 4.56%.

iShares 20+ Year Treasury Bond ETF Company 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.