iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Acquired by Focus Partners Wealth

Focus Partners Wealth increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 78.4% in the fourth quarter, Holdings Channel reports. The firm owned 100,673 shares of the exchange traded fund’s stock after purchasing an additional 44,231 shares during the quarter. Focus Partners Wealth’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,795,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of TLT. Independence Bank of Kentucky bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $26,000. Richardson Financial Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $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 worth $34,000 after purchasing an additional 178 shares in the last quarter. Finally, West Branch Capital LLC grew its position 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 worth $36,000 after purchasing an additional 203 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $85.89 on Wednesday. The firm’s 50 day moving average price is $89.02 and its two-hundred day moving average price is $89.47. The stock has a market cap of $46.48 billion, a price-to-earnings ratio of -7.06 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were paid a dividend of $0.3276 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.93 dividend on an annualized basis and a dividend yield of 4.58%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33.

iShares 20+ Year Treasury Bond ETF 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.