iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stake Lifted by Procyon Advisors LLC

Procyon Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8,929.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 353,317 shares of the exchange traded fund’s stock after acquiring an additional 349,404 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 2.0% of Procyon Advisors LLC’s investment portfolio, making the stock its 6th largest position. Procyon Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $30,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of TLT. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $35,000. Prospera Private Wealth LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $42,000. ST Germain D J Co. Inc. raised its position 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 buying an additional 201 shares during the period. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $59,000. Finally, PSI Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 241 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3 %

TLT stock opened at $87.02 on Friday. The company has a market cap of $50.96 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a 50-day moving average price of $89.78 and a two-hundred day moving average price of $93.53. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.84%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.