Woodmont Investment Counsel LLC Purchases Shares of 1,363 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Woodmont Investment Counsel LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 1st quarter, Holdings Channel.com reports. The fund purchased 1,363 shares of the exchange traded fund’s stock, valued at approximately $129,000.

Other institutional investors also recently bought and sold shares of the company. Psagot Value Holdings Ltd. Israel acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $25,000. Register Financial Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $28,000. Rosenberg Matthew Hamilton increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 8,825.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 353 shares during the last quarter. Cherry Tree Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $44,000. Finally, Delos Wealth Advisors LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 365.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 365 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 Price Performance

NASDAQ TLT traded up $0.55 during trading hours on Tuesday, hitting $90.46. The company had a trading volume of 24,929,361 shares, compared to its average volume of 40,629,707. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $103.25. The company has a market capitalization of $46.22 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50 day moving average is $91.37 and its 200 day moving average is $93.37.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed 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 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.