Capital Analysts LLC Purchases 9,457 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Capital Analysts LLC boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 51.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,819 shares of the exchange traded fund’s stock after purchasing an additional 9,457 shares during the quarter. Capital Analysts LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,430,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TLT. Independence Bank of Kentucky purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $26,000. Richardson Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $30,000. New Wave Wealth Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $32,000. Van ECK Associates Corp grew its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 178 shares during the last quarter. Finally, West Branch Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $88.89 on Friday. The company has a market cap of $48.35 billion, a PE ratio of -7.06 and a beta of 0.06. The firm’s 50 day moving average price is $89.70 and its 200-day moving average price is $89.93. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.3256 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.91 annualized dividend and a yield of 4.40%.

iShares 20+ Year Treasury Bond ETF Company Profile

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.