Hilltop Holdings Inc. Boosts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Hilltop Holdings Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 309.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,436 shares of the exchange traded fund’s stock after purchasing an additional 102,336 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 0.8% of Hilltop Holdings Inc.’s holdings, making the stock its 14th largest holding. Hilltop Holdings Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,286,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in 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 buying an additional 31,502,110 shares during the last quarter. Assetmark Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after buying an additional 4,322,688 shares during the last quarter. Annex Advisory Services LLC boosted its holdings in shares of 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 valued at $233,021,000 after acquiring an additional 2,516,950 shares during the period. Hantz Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $143,473,000. Finally, Cibc World Market Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after acquiring an additional 1,511,435 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 opened at $93.97 on Monday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week high of $101.64. The firm has a 50-day simple moving average of $93.44 and a 200-day simple moving average of $94.35. The company has a market capitalization of $59.70 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.3105 per share. The ex-dividend date was Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a dividend yield of 3.97%.

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.