D.B. Root & Company LLC Makes New $535,000 Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

D.B. Root & Company LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel reports. The fund acquired 6,127 shares of the exchange traded fund’s stock, valued at approximately $535,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Mutual Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 5.3% during the fourth quarter. Mutual Advisors LLC now owns 121,534 shares of the exchange traded fund’s stock valued at $10,578,000 after buying an additional 6,146 shares during the period. Finley Financial LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $90,000. West Branch Capital LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Traphagen Investment Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 614.7% during the 4th quarter. Traphagen Investment Advisors LLC now owns 106,893 shares of the exchange traded fund’s stock valued at $9,335,000 after acquiring an additional 91,937 shares during the period. Finally, Aspire Private Capital LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.2% in the 4th quarter. Aspire Private Capital LLC now owns 4,113 shares of the exchange traded fund’s stock valued at $359,000 after purchasing an additional 204 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5 %

Shares of TLT stock opened at $87.51 on Thursday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The business’s 50 day moving average is $89.47 and its two-hundred day moving average is $93.44. The company has a market capitalization of $51.81 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.351 per share. This is a positive change 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. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.81%.

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.