Retirement Wealth Solutions LLC Buys New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Retirement Wealth Solutions LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,776 shares of the exchange traded fund’s stock, valued at approximately $323,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Merit Financial Group LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 101.3% in the 4th quarter. Merit Financial Group LLC now owns 43,814 shares of the exchange traded fund’s stock valued at $3,826,000 after buying an additional 22,048 shares during the period. Procyon Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 8,929.3% in the fourth quarter. Procyon Advisors LLC now owns 353,317 shares of the exchange traded fund’s stock valued at $30,855,000 after acquiring an additional 349,404 shares during the period. RDA Financial Network increased its stake in iShares 20+ Year Treasury Bond ETF by 18.1% in the fourth quarter. RDA Financial Network now owns 8,020 shares of the exchange traded fund’s stock valued at $700,000 after acquiring an additional 1,228 shares during the period. Empirical Asset Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 4.4% in the fourth quarter. Empirical Asset Management LLC now owns 6,496 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 276 shares in the last quarter. Finally, Omega Financial Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 2.7% during the fourth quarter. Omega Financial Group LLC now owns 19,734 shares of the exchange traded fund’s stock worth $1,723,000 after purchasing an additional 527 shares during the period. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ TLT opened at $87.19 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The stock’s 50 day moving average is $89.67 and its two-hundred day moving average is $93.51. The company has a market capitalization of $51.06 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.351 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a yield of 4.83%.

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.