Merit Financial Group LLC Has $3.83 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Merit Financial Group LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 101.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,814 shares of the exchange traded fund’s stock after purchasing an additional 22,048 shares during the quarter. Merit Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,826,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Divergent Wealth Advisors boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after buying an additional 117 shares during the last quarter. Goelzer Investment Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 1.0% during the third quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock valued at $1,490,000 after purchasing an additional 143 shares during the last quarter. Pinnacle Family Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 6.3% in the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after purchasing an additional 147 shares in the last quarter. Claro Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after purchasing an additional 149 shares during the last quarter. Finally, Empirical Asset Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.5% during the 3rd quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 152 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ:TLT opened at $87.19 on Friday. The stock has a market capitalization of $51.06 billion, a PE 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 has a fifty day simple moving average of $89.67 and a 200 day simple moving average of $93.53.

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 given a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

iShares 20+ Year Treasury Bond ETF 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.