Westfuller Advisors LLC Invests $648,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Westfuller Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,606 shares of the exchange traded fund’s stock, valued at approximately $648,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake 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 valued at $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after acquiring an additional 6,457,638 shares during the last quarter. Assetmark Inc. lifted its stake in shares of 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 valued at $437,640,000 after acquiring an additional 4,322,688 shares during the last quarter. Annex Advisory Services LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% in the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock valued at $233,021,000 after acquiring an additional 2,516,950 shares during the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $143,473,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

NASDAQ TLT opened at $90.08 on Friday. The stock has a 50-day moving average of $95.13 and a 200-day moving average of $94.21. The firm has a market cap of $58.35 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 $87.34 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 4.14%.

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.