Global Financial Private Client LLC Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Global Financial Private Client LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,501 shares of the exchange traded fund’s stock after buying an additional 760 shares during the quarter. Global Financial Private Client LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. ORG Wealth Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $35,000. Prospera Private Wealth LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $42,000. ST Germain D J Co. Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares during the period. CarsonAllaria Wealth Management Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $59,000. Finally, PSI Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 58.4% during the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 241 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 Performance

Shares of TLT stock opened at $85.43 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $85.04 and a 52-week high of $101.64. The firm has a market capitalization of $49.57 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average price of $90.22 and a 200 day moving average price of $93.73.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.93%.

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.