Alexander Labrunerie & CO. Inc. Acquires 33,954 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Alexander Labrunerie & CO. Inc. grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 201.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 50,820 shares of the exchange traded fund’s stock after purchasing an additional 33,954 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 2.3% of Alexander Labrunerie & CO. Inc.’s holdings, making the stock its 14th largest holding. Alexander Labrunerie & CO. Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. McAdam LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 43.9% in the second quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after purchasing an additional 5,893 shares in the last quarter. Saxon Interests Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.4% in the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after buying an additional 1,355 shares during the last quarter. Riverwater Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at $223,000. Vontobel Holding Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% during the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after buying an additional 36,070 shares during the last quarter. Finally, Hancock Whitney Corp bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth $1,674,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $92.32 on Wednesday. The company has a market cap of $59.63 billion, a PE ratio of -7.14 and a beta of 0.06. The firm has a 50-day moving average of $97.45 and a 200-day moving average of $93.96. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 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.