Securian Asset Management Inc. Takes $1.90 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Posted by Defense World Staff on Apr 24th, 2023

Securian Asset Management Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Get Rating) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 19,100 shares of the exchange traded fund’s stock, valued at approximately $1,902,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Blair William & Co. IL lifted its holdings in iShares 20+ Year Treasury Bond ETF by 6.6% during the 1st quarter. Blair William & Co. IL now owns 9,953 shares of the exchange traded fund’s stock worth $1,315,000 after buying an additional 614 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 2,255 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 397 shares during the period. Brighton Jones LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at $217,000. Equitable Holdings Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 37.0% during the first quarter. Equitable Holdings Inc. now owns 6,067 shares of the exchange traded fund’s stock valued at $801,000 after acquiring an additional 1,637 shares during the period. Finally, Prudential Financial Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 35.9% in the first quarter. Prudential Financial Inc. now owns 29,931 shares of the exchange traded fund’s stock valued at $3,953,000 after purchasing an additional 7,905 shares during the period. 60.69% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $104.40 on Monday. The company’s 50-day moving average price is $106.00 and its two-hundred day moving average price is $105.02. iShares 20+ Year Treasury Bond ETF has a 52 week low of $91.85 and a 52 week high of $123.03.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 7th. Investors of record on Tuesday, April 4th were issued a dividend of $0.269 per share. This represents a $3.23 dividend on an annualized basis and a yield of 3.09%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.25. The ex-dividend date of this dividend was Monday, April 3rd.

iShares 20+ Year Treasury Bond ETF Profile

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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.