Assetmark Inc. Raises Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Assetmark Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3,121.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,461,161 shares of the exchange traded fund’s stock after purchasing an additional 4,322,688 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.2% of Assetmark Inc.’s holdings, making the stock its 15th biggest position. Assetmark Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $437,640,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Motco acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $32,000. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $35,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.3 %

Shares of NASDAQ:TLT opened at $92.49 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $86.74 and a 52-week high of $101.64. The stock has a market cap of $59.92 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a fifty day moving average of $95.92 and a two-hundred day moving average of $94.10.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3105 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.03%. The ex-dividend date was Friday, November 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.