Defined Financial Planning LLC Buys Shares of 3,797 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Defined Financial Planning LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,797 shares of the exchange traded fund’s stock, valued at approximately $347,000.

A number of other large investors have also recently made changes to their positions in the stock. NBC Securities Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $25,000. Van ECK Associates Corp grew its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 178 shares during the period. Fairway Wealth LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $63,000. Guardian Wealth Advisors LLC NC raised its position in iShares 20+ Year Treasury Bond ETF by 92.0% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 772 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 370 shares during the period. Finally, Wolverine Asset Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $70,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $86.14 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.30 and a 1 year high of $101.64. The firm has a fifty day moving average price of $86.87 and a 200-day moving average price of $88.66. The company has a market cap of $46.61 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a dividend of $0.3195 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.45%.

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.