iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stake Increased by KM Capital Management Ltd.

KM Capital Management Ltd. increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 22,517 shares of the exchange traded fund’s stock after acquiring an additional 8,183 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 1.0% of KM Capital Management Ltd.’s portfolio, making the stock its 20th largest position. KM Capital Management Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,966,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TLT. Alpha Financial Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $2,701,000. Signaturefd LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 100.7% in the third quarter. Signaturefd LLC now owns 899 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 451 shares during the last quarter. International Assets Investment Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 9,319.6% during the third quarter. International Assets Investment Management LLC now owns 88,450 shares of the exchange traded fund’s stock valued at $8,677,000 after purchasing an additional 87,511 shares during the last quarter. Brighton Jones LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $211,000. Finally, CENTRAL TRUST Co increased its stake in iShares 20+ Year Treasury Bond ETF by 342.5% during the third quarter. CENTRAL TRUST Co now owns 11,466 shares of the exchange traded fund’s stock valued at $1,125,000 after purchasing an additional 8,875 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $89.57 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The firm has a fifty day moving average price of $87.86 and a two-hundred day moving average price of $92.60. The firm has a market cap of $54.44 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.