Wakefield Asset Management LLLP Grows Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Wakefield Asset Management LLLP boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 109.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,349 shares of the exchange traded fund’s stock after acquiring an additional 9,055 shares during the period. Wakefield Asset Management LLLP’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,592,000 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 TLT. Psagot Value Holdings Ltd. Israel bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $25,000. Bfsg LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 1,400.0% during the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 294 shares during the period. Motco bought a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $34,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $35,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $99.56 on Friday. The stock has a market capitalization of $59.02 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a fifty day moving average price of $95.36 and a 200 day moving average price of $93.19. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $100.78.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

iShares 20+ Year Treasury Bond ETF Company 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.