Client 1ST Advisory Group LLC Purchases New Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Client 1ST Advisory Group LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel reports. The firm acquired 16,488 shares of the exchange traded fund’s stock, valued at approximately $1,440,000. iShares 20+ Year Treasury Bond ETF makes up approximately 0.6% of Client 1ST Advisory Group LLC’s holdings, making the stock its 25th largest position.

A number of other hedge funds have also made changes to their positions in the company. My Legacy Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 11.9% in the fourth quarter. My Legacy Advisors LLC now owns 16,152 shares of the exchange traded fund’s stock worth $1,401,000 after acquiring an additional 1,718 shares during the last quarter. Maiden Cove Capital LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $250,000. Kelly Financial Services LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the fourth quarter. Kelly Financial Services LLC now owns 74,462 shares of the exchange traded fund’s stock worth $6,505,000 after buying an additional 6,988 shares in the last quarter. Ballew Advisors Inc raised its position in shares of iShares 20+ Year Treasury Bond ETF by 77.7% in the fourth quarter. Ballew Advisors Inc now owns 26,066 shares of the exchange traded fund’s stock valued at $2,227,000 after buying an additional 11,400 shares during the last quarter. Finally, Smith Salley Wealth Management lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.2% in the fourth quarter. Smith Salley Wealth Management now owns 42,622 shares of the exchange traded fund’s stock worth $3,722,000 after buying an additional 486 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

TLT opened at $87.19 on Monday. The firm has a market capitalization of $51.62 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The firm’s 50-day moving average price is $89.67 and its 200 day moving average price is $93.54.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.351 dividend. 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 4.83%.

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.