iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is E Fund Management Hong Kong Co. Ltd.’s 8th Largest Position

E Fund Management Hong Kong Co. Ltd. raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 387.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 52,641 shares of the exchange traded fund’s stock after acquiring an additional 41,831 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 3.1% of E Fund Management Hong Kong Co. Ltd.’s holdings, making the stock its 8th largest holding. E Fund Management Hong Kong Co. Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after acquiring an additional 6,457,638 shares during the last quarter. Annex Advisory Services LLC grew its position in iShares 20+ Year Treasury Bond ETF by 11,463.6% in the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after acquiring an additional 2,516,950 shares in the last quarter. Hantz Financial Services Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $143,473,000. Finally, Cibc World Market Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 21.9% during the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after purchasing an additional 1,511,435 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $92.30 on Thursday. The stock has a market cap of $58.90 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average price of $96.76 and a 200-day moving average price of $94.00. iShares 20+ Year Treasury Bond ETF has a one year low of $83.55 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given 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.