Saxon Interests Inc. Invests $451,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Saxon Interests Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,766 shares of the exchange traded fund’s stock, valued at approximately $451,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Shelton Capital Management increased its stake in iShares 20+ Year Treasury Bond ETF by 5.3% in the third quarter. Shelton Capital Management now owns 2,391 shares of the exchange traded fund’s stock valued at $212,000 after acquiring an additional 120 shares during the period. Rice Partnership LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 7.6% in the fourth quarter. Rice Partnership LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $174,000 after acquiring an additional 125 shares during the period. NBC Securities Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 12.7% in the fourth quarter. NBC Securities Inc. now owns 1,240 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 140 shares during the period. Atticus Wealth Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 35.0% in the third quarter. Atticus Wealth Management LLC now owns 556 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 144 shares during the period. Finally, Solstein Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 1.9% in the fourth quarter. Solstein Capital LLC now owns 8,582 shares of the exchange traded fund’s stock valued at $849,000 after acquiring an additional 164 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.8 %

NASDAQ:TLT traded up $0.70 on Tuesday, reaching $90.61. The stock had a trading volume of 34,194,467 shares, compared to its average volume of 40,703,191. The company has a market capitalization of $46.29 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $103.25. The stock has a fifty day moving average price of $91.40 and a 200-day moving average price of $93.31.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a $0.2911 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.49 dividend on an annualized basis and a yield of 3.86%.

About iShares 20+ Year Treasury Bond ETF

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.