Two West Capital Advisors LLC Acquires New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Two West Capital Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, Holdings Channel.com reports. The firm bought 2,400 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other hedge funds also recently modified their holdings of TLT. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. West Branch Capital LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares in the last quarter. Prospera Private Wealth LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $42,000. ST Germain D J Co. Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $59,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4 %

NASDAQ TLT opened at $87.22 on Monday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The business’s fifty day moving average is $89.35 and its 200 day moving average is $93.36. The company has a market cap of $51.29 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.