Kingswood Wealth Advisors LLC Purchases 28,133 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kingswood Wealth Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 236.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,055 shares of the exchange traded fund’s stock after purchasing an additional 28,133 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,648,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TLT. NBC Securities Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $25,000. Byrne Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $26,000. Van ECK Associates Corp increased its holdings in shares of 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 acquiring an additional 178 shares in the last quarter. Highline Wealth Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $41,000. Finally, Abound Wealth Management purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $43,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 1.2%

Shares of NASDAQ TLT opened at $86.50 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64. The business’s 50 day moving average price is $86.67 and its 200 day moving average price is $88.45. The firm has a market cap of $46.81 billion, a P/E 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. Shareholders of record on Monday, June 2nd were given a $0.3195 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.83 annualized dividend and a yield of 4.43%.

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.