TRU Independence Asset Management 2 LLC Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

TRU Independence Asset Management 2 LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.3% during the 4th quarter, Holdings Channel reports. The fund owned 7,387 shares of the exchange traded fund’s stock after buying an additional 1,349 shares during the quarter. TRU Independence Asset Management 2 LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $645,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. ORG Wealth Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth about $35,000. West Branch Capital LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $42,000. ST Germain D J Co. Inc. boosted 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 in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $59,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $88.29 on Tuesday. The stock’s 50 day moving average price is $89.31 and its 200 day moving average price is $93.33. The firm has a market cap of $52.19 billion, a P/E 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 disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.351 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.77%. The ex-dividend date was Wednesday, December 18th.

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.