Traphagen Investment Advisors LLC Has $9.34 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Traphagen Investment Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 614.7% in the 4th quarter, Holdings Channel reports. The firm owned 106,893 shares of the exchange traded fund’s stock after purchasing an additional 91,937 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.9% of Traphagen Investment Advisors LLC’s holdings, making the stock its 18th biggest position. Traphagen Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,335,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of 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 buying an additional 4,322,688 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.4% during the second quarter. Mackenzie Financial Corp now owns 3,059,000 shares of the exchange traded fund’s stock worth $280,755,000 after buying an additional 155,900 shares during the last quarter. Harvest Portfolios Group Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 33.0% during the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after buying an additional 683,915 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after buying an additional 709,409 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.9 %

Shares of TLT stock opened at $87.97 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The firm has a market cap of $52.08 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average of $89.52 and a 200-day moving average of $93.48.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.79%.

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.