Traders Buy iShares 20+ Year Treasury Bond ETF (TLT) on Weakness

Share on StockTwits

Investors purchased shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) on weakness during trading hours on Monday. $138.96 million flowed into the stock on the tick-up and $84.72 million flowed out of the stock on the tick-down, for a money net flow of $54.24 million into the stock. Of all stocks tracked, iShares 20+ Year Treasury Bond ETF had the 11th highest net in-flow for the day. iShares 20+ Year Treasury Bond ETF traded down ($0.26) for the day and closed at $114.73

The business also recently declared a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were paid a $0.2609 dividend. The ex-dividend date was Monday, October 1st. This represents a $3.13 annualized dividend and a yield of 2.73%.

A number of institutional investors have recently made changes to their positions in the business. Morgan Stanley grew its position in shares of iShares 20+ Year Treasury Bond ETF by 170.1% during the second quarter. Morgan Stanley now owns 5,485,528 shares of the exchange traded fund’s stock worth $667,699,000 after acquiring an additional 3,454,493 shares during the last quarter. Charles Schwab Investment Advisory Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $147,967,000. Cornerstone Wealth Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 31,517.8% in the second quarter. Cornerstone Wealth Management LLC now owns 830,283 shares of the exchange traded fund’s stock valued at $6,842,000 after acquiring an additional 827,657 shares during the period. James Investment Research Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $58,806,000. Finally, TD Asset Management Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 486.1% in the second quarter. TD Asset Management Inc. now owns 535,100 shares of the exchange traded fund’s stock valued at $65,132,000 after acquiring an additional 443,800 shares during the period.

iShares 20+ Year Treasury Bond ETF Company Profile (NASDAQ:TLT)

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.

See Also: Should you buy a closed-end mutual fund?

Receive News & Ratings for iShares 20+ Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 20+ Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply