RDA Financial Network Has $700,000 Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

RDA Financial Network boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.1% in the fourth quarter, Holdings Channel reports. The firm owned 8,020 shares of the exchange traded fund’s stock after purchasing an additional 1,228 shares during the quarter. RDA Financial Network’s holdings in iShares 20+ Year Treasury Bond ETF were worth $700,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fund Evaluation Group LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth $232,000. Moors & Cabot Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 17.5% in the second quarter. Moors & Cabot Inc. now owns 9,012 shares of the exchange traded fund’s stock valued at $827,000 after buying an additional 1,341 shares in the last quarter. E Fund Management Co. Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $992,000. Marathon Trading Investment Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 1,729.3% during the second quarter. Marathon Trading Investment Management LLC now owns 50,305 shares of the exchange traded fund’s stock worth $4,617,000 after acquiring an additional 47,555 shares in the last quarter. Finally, Concorde Asset Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.2% in the second quarter. Concorde Asset Management LLC now owns 6,458 shares of the exchange traded fund’s stock worth $593,000 after acquiring an additional 546 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 Trading Up 0.3 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.02 on Friday. The firm’s 50 day moving average is $89.78 and its 200 day moving average is $93.53. The firm has a market capitalization of $50.96 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.