iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Private Client Services LLC

Private Client Services LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.9% during the fourth quarter, HoldingsChannel reports. The firm owned 44,271 shares of the exchange traded fund’s stock after buying an additional 1,651 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 2.1% of Private Client Services LLC’s portfolio, making the stock its 8th largest holding. Private Client Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,866,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Wealth Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Prospera Private Wealth LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $42,000. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $59,000. PSI Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 58.4% in the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 241 shares during the period. Finally, Signaturefd LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 100.7% in the 3rd quarter. Signaturefd LLC now owns 899 shares of the exchange traded fund’s stock valued at $88,000 after purchasing an additional 451 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT traded down $0.19 during trading hours on Wednesday, reaching $85.73. The company’s stock had a trading volume of 28,726,671 shares, compared to its average volume of 29,835,975. The company’s 50-day moving average is $90.58 and its 200-day moving average is $93.90. iShares 20+ Year Treasury Bond ETF has a 52 week low of $85.34 and a 52 week high of $101.64. The firm has a market cap of $49.35 billion, a PE 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 paid a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a yield of 4.91%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.