2,942 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Purchased by Range Financial Group LLC

Range Financial Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, Holdings Channel reports. The fund bought 2,942 shares of the exchange traded fund’s stock, valued at approximately $257,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Prospera Private Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $42,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $59,000. PSI Advisors LLC increased its holdings in 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 last quarter. Finally, Signaturefd LLC raised its position in iShares 20+ Year Treasury Bond ETF by 100.7% in the third 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 period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 1.1 %

TLT opened at $85.92 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $85.79 and a 52 week high of $101.64. The business has a fifty day simple moving average of $90.58 and a 200-day simple moving average of $93.90. The firm has a market cap of $49.46 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.90%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

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.