TruWealth Advisors LLC Buys New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

TruWealth Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, Holdings Channel reports. The fund purchased 4,431 shares of the exchange traded fund’s stock, valued at approximately $387,000.

Other hedge funds have also recently made changes to their positions in the company. Fund Evaluation Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $232,000. XTX Topco Ltd acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $1,267,000. Bulltick Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the 2nd quarter. Bulltick Wealth Management LLC now owns 54,580 shares of the exchange traded fund’s stock worth $5,009,000 after buying an additional 17,065 shares during the period. Westwood Holdings Group Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.5% in the 2nd quarter. Westwood Holdings Group Inc. now owns 309,201 shares of the exchange traded fund’s stock valued at $28,378,000 after acquiring an additional 13,216 shares in the last quarter. Finally, Merriman Wealth Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $4,964,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ:TLT opened at $87.19 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The stock has a market capitalization of $51.06 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm has a fifty day simple moving average of $89.67 and a two-hundred day simple moving average of $93.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. 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 4.83%.

iShares 20+ Year Treasury Bond ETF Company 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.