Lingotto Investment Management LLP Purchases New Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lingotto Investment Management LLP purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 110,000 shares of the exchange traded fund’s stock, valued at approximately $9,606,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.3% of Lingotto Investment Management LLP’s holdings, making the stock its 28th largest holding.

A number of other large investors have also added to or reduced their stakes in TLT. Divergent Wealth Advisors lifted its stake in 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 during the period. New Republic Capital LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 12.2% in the 4th 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. Pinnacle Family Advisors LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 6.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after purchasing an additional 147 shares during the period. Claro Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after purchasing an additional 149 shares in the last quarter. Finally, Latko Wealth Management Ltd. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 4.3% during the fourth quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock valued at $320,000 after buying an additional 150 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $91.42 on Wednesday. The firm has a 50-day moving average of $87.86 and a 200 day moving average of $92.50. The company has a market cap of $55.57 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3123 dividend. The ex-dividend date of this dividend was Monday, February 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.