Milestone Asset Management LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF $TLT

Milestone Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,022 shares of the exchange traded fund’s stock, valued at approximately $1,048,000.

A number of other hedge funds also recently made changes to their positions in TLT. Greykasell Wealth Strategies Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $27,000. Strategic Investment Advisors MI bought a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $27,000. First Command Advisory Services Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $33,000. Smartleaf Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $33,000. Finally, Trust Co. of Vermont lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 181 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2%

Shares of TLT opened at $86.74 on Thursday. The business has a fifty day moving average of $87.77 and a 200 day moving average of $88.45. The company has a market cap of $42.39 billion, a PE ratio of -6.75 and a beta of 0.57. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a $0.3448 dividend. The ex-dividend date was Wednesday, April 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.