D.A. Davidson & CO. Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

D.A. Davidson & CO. boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,218 shares of the exchange traded fund’s stock after buying an additional 209 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,787,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $34,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $35,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Anfield Capital Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $36,000. Finally, PSI Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 79.6% during the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.0 %

Shares of NASDAQ:TLT opened at $93.97 on Friday. The company has a market cap of $59.70 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $87.34 and a 52 week high of $101.64. The business has a fifty day simple moving average of $93.44 and a 200-day simple moving average of $94.31.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.3105 per share. This is a positive change 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. This represents a $3.73 annualized dividend and a dividend yield of 3.97%.

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.