iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 75.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,481 shares of the exchange traded fund’s stock after buying an additional 41,045 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 0.9% of Transamerica Financial Advisors Inc.’s investment portfolio, making the stock its 18th biggest position. Transamerica Financial Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,367,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $36,000. Finally, PSI Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 79.6% in the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 183 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT traded up $2.34 during mid-day trading on Tuesday, reaching $92.73. 56,858,036 shares of the company’s stock traded hands, compared to its average volume of 40,221,613. The business’s 50-day moving average price is $93.96 and its 200-day moving average price is $94.28. The stock has a market capitalization of $60.07 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a yield of 4.02%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

iShares 20+ Year Treasury Bond ETF 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.