Coastwise Capital Group LLC Has $342,000 Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Coastwise Capital Group LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,491 shares of the exchange traded fund’s stock after buying an additional 187 shares during the quarter. Coastwise Capital Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $342,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $34,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $35,000. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $36,000. Finally, PSI Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 79.6% in the 2nd quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 183 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $93.97 on Monday. The firm’s fifty day moving average price is $93.44 and its two-hundred day moving average price is $94.33. The stock has a market cap of $59.70 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week 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. Investors of record on Friday, November 1st were given a dividend of $0.3105 per share. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 3.97%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.