Armstrong Advisory Group Inc. Boosts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Armstrong Advisory Group Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24,359.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 330,450 shares of the exchange traded fund’s stock after purchasing an additional 329,099 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 2.3% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 12th biggest holding. Armstrong Advisory Group Inc. owned approximately 0.06% of iShares 20+ Year Treasury Bond ETF worth $28,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Fund Evaluation Group LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $232,000. Moors & Cabot Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 17.5% during the second quarter. Moors & Cabot Inc. now owns 9,012 shares of the exchange traded fund’s stock worth $827,000 after purchasing an additional 1,341 shares during the last quarter. Perennial Investment Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 247.8% in the 2nd quarter. Perennial Investment Advisors LLC now owns 8,576 shares of the exchange traded fund’s stock valued at $787,000 after acquiring an additional 6,110 shares during the last quarter. E Fund Management Co. Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $992,000. Finally, RPg Family Wealth Advisory LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11.5% in the second quarter. RPg Family Wealth Advisory LLC now owns 24,583 shares of the exchange traded fund’s stock worth $2,256,000 after acquiring an additional 2,541 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

Shares of NASDAQ TLT opened at $86.76 on Thursday. The firm has a market cap of $50.81 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The firm’s 50 day moving average price is $89.93 and its 200 day moving average price is $93.62.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.85%. 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.