KFG Wealth Management LLC Purchases 260 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

KFG Wealth Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 2,522 shares of the exchange traded fund’s stock after buying an additional 260 shares during the period. KFG Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in TLT. Psagot Value Holdings Ltd. Israel acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $25,000. Register Financial Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $28,000. Rosenberg Matthew Hamilton raised its holdings in iShares 20+ Year Treasury Bond ETF by 8,825.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 353 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $44,000. Finally, Delos Wealth Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 365.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 365 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $91.80 on Thursday. The stock has a market capitalization of $53.19 billion, a PE ratio of -7.14 and a beta of 0.06. The business has a fifty day moving average price of $91.47 and a two-hundred day moving average price of $93.30. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $102.98.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a $0.2911 dividend. The ex-dividend date is Monday, July 1st. This represents a $3.49 annualized dividend and a yield of 3.81%.

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.