Verus Capital Partners LLC Acquires 22,057 Shares of iShares 20+ Year Treasury Bond ETF $TLT

by · The Markets Daily

Verus Capital Partners LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 55.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,722 shares of the exchange traded fund’s stock after buying an additional 22,057 shares during the period. Verus Capital Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in TLT. Axiom Investment Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $32,000. Versant Capital Management Inc grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% in the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 518 shares during the period. Mosley Wealth Management grew its position in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% in the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 596 shares during the period. Cornerstone Planning Group LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 123.6% in the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 340 shares during the period. Finally, Core Capital Management & Research inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $53,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0%

TLT opened at $81.92 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $76.43 and a twelve month high of $90.86. The company has a 50-day moving average price of $80.38 and a 200 day moving average price of $84.50. The company has a market cap of $49.09 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.3432 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. The ex-dividend date was Monday, November 2nd. This represents a $4.12 annualized dividend and a yield of 5.0%.

About iShares 20+ Year Treasury Bond ETF

(Free Report)

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.

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