Avaii Wealth Management LLC Purchases 870 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Avaii Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 38.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,105 shares of the exchange traded fund’s stock after buying an additional 870 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $271,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Assetmark Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the period. Harvest Portfolios Group Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 33.0% in the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after purchasing an additional 683,915 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares during the period. Finally, Hantz Financial Services Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 14.0% during the third quarter. Hantz Financial Services Inc. now owns 1,782,601 shares of the exchange traded fund’s stock valued at $174,873,000 after buying an additional 219,372 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 Trading Up 0.4 %

TLT opened at $87.22 on Friday. The company has a market cap of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The business’s 50-day moving average price is $89.35 and its 200-day moving average price is $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a yield of 4.83%. This is an increase 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.