Procyon Advisors LLC Grows Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Procyon Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 358.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,522 shares of the exchange traded fund’s stock after purchasing an additional 127,887 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.2% of Procyon Advisors LLC’s investment portfolio, making the stock its 18th largest position. Procyon Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,472,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Psagot Value Holdings Ltd. Israel acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Register Financial Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Rosenberg Matthew Hamilton grew its position in iShares 20+ Year Treasury Bond ETF by 8,825.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 353 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $44,000. Finally, Delos Wealth Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 365.0% in the third quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 365 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.4 %

NASDAQ:TLT traded up $0.37 during trading hours on Thursday, hitting $93.52. The stock had a trading volume of 21,948,721 shares, compared to its average volume of 40,555,828. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $103.84. The business has a 50 day simple moving average of $91.20 and a two-hundred day simple moving average of $93.48. The company has a market cap of $47.78 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.3083 per share. This represents a $3.70 annualized dividend and a yield of 3.96%. The ex-dividend date was Monday, June 3rd.

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.