Islay Capital Management LLC Buys 126 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Islay Capital Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,392 shares of the exchange traded fund’s stock after buying an additional 126 shares during the period. Islay Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Independence Bank of Kentucky bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Van ECK Associates Corp lifted its holdings in iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares during the last quarter. Finally, West Branch Capital LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $92.85 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The stock has a market capitalization of $52.76 billion, a price-to-earnings ratio of -7.38 and a beta of 0.47. The business’s fifty day moving average price is $89.95 and its two-hundred day moving average price is $91.10.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.3256 per share. This represents a $3.91 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date was Tuesday, April 1st.

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.