New Wave Wealth Advisors LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

New Wave Wealth Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, HoldingsChannel reports. The firm bought 364 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Other large investors have also modified their holdings of the company. Assetmark Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third 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 last quarter. Quadrature Capital Ltd acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $89,789,000. IMC Chicago LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 440.7% in the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after buying an additional 851,884 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd 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, Harvest Portfolios Group Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after buying an additional 683,915 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.7 %

Shares of NASDAQ TLT opened at $87.76 on Friday. The firm’s 50-day moving average price is $89.12 and its two-hundred day moving average price is $93.18. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock has a market capitalization of $53.34 billion, a P/E 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 issued a $0.351 dividend. This is an increase 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 dividend yield of 4.80%.

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.