iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stake Raised by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,407 shares of the exchange traded fund’s stock after acquiring an additional 809 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TLT. Perigon Wealth Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 19.2% during the 4th quarter. Perigon Wealth Management LLC now owns 126,529 shares of the exchange traded fund’s stock worth $11,013,000 after acquiring an additional 20,387 shares during the period. Hutchens & Kramer Investment Management Group LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.5% during the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,624 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 220 shares in the last quarter. TRU Independence Asset Management 2 LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 22.3% in the fourth quarter. TRU Independence Asset Management 2 LLC now owns 7,387 shares of the exchange traded fund’s stock worth $645,000 after purchasing an additional 1,349 shares during the period. Spectrum Strategic Capital Management LLC grew its position in iShares 20+ Year Treasury Bond ETF by 5.9% in the 4th quarter. Spectrum Strategic Capital Management LLC now owns 16,817 shares of the exchange traded fund’s stock valued at $1,469,000 after buying an additional 930 shares in the last quarter. Finally, Greenup Street Wealth Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 141.0% during the 4th quarter. Greenup Street Wealth Management LLC now owns 138,681 shares of the exchange traded fund’s stock valued at $12,111,000 after buying an additional 81,143 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1 %

TLT stock opened at $88.18 on Wednesday. The firm’s 50-day moving average is $89.26 and its two-hundred day moving average is $93.29. The company has a market capitalization of $52.12 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 4.78%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend 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.