Colton Groome Financial Advisors LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Colton Groome Financial Advisors LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,797 shares of the exchange traded fund’s stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TLT. New Republic Capital LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $26,000. Register Financial Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $28,000. Stonebridge Capital Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $29,000. SJS Investment Consulting Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $31,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $34,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5 %

TLT stock traded down $0.45 during midday trading on Thursday, hitting $88.83. 43,827,592 shares of the stock traded hands, compared to its average volume of 43,887,348. The stock’s fifty day simple moving average is $92.93 and its 200-day simple moving average is $92.39. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $107.24.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 annualized dividend and a yield of 4.22%.

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.