iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Acquired by Meeder Asset Management Inc.

Meeder Asset Management Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 95.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 494,558 shares of the exchange traded fund’s stock after buying an additional 241,342 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 3.2% of Meeder Asset Management Inc.’s holdings, making the stock its 6th largest holding. Meeder Asset Management Inc. owned approximately 0.08% of iShares 20+ Year Treasury Bond ETF worth $48,516,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Divergent Wealth Advisors increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after acquiring an additional 117 shares in the last quarter. Trivant Custom Portfolio Group LLC grew its position in iShares 20+ Year Treasury Bond ETF by 4.0% in the second quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 127 shares in the last quarter. Crewe Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 22.4% in the 2nd quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 135 shares during the period. Institute for Wealth Management LLC. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 3.8% in the 2nd quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock valued at $341,000 after acquiring an additional 136 shares during the period. Finally, Moser Wealth Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.6% during the 2nd quarter. Moser Wealth Advisors LLC now owns 22,661 shares of the exchange traded fund’s stock worth $2,080,000 after buying an additional 136 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $90.24 on Tuesday. The company has a market capitalization of $58.46 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a 50-day simple moving average of $94.94 and a 200 day simple moving average of $94.26. iShares 20+ Year Treasury Bond ETF has a 52 week low of $87.34 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 annualized dividend and a yield of 4.13%.

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.