78,802 Shares in iShares 20+ Year Treasury Bond ETF $TLT Acquired by SB Capital Management Inc

SB Capital Management Inc bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, HoldingsChannel reports. The firm bought 78,802 shares of the exchange traded fund’s stock, valued at approximately $6,868,000. iShares 20+ Year Treasury Bond ETF comprises about 2.5% of SB Capital Management Inc’s investment portfolio, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TLT. CPR Investments Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 164.4% in the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock worth $6,692,000 after purchasing an additional 47,741 shares during the last quarter. Alliance Wealth Advisors LLC UT purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $1,378,000. Benin Management CORP bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $4,655,000. Affinity Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 2.6% during the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after purchasing an additional 7,325 shares during the last quarter. Finally, Consolidated Portfolio Review Corp grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 129.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock worth $1,439,000 after buying an additional 9,084 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

Shares of NASDAQ TLT opened at $86.75 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The firm’s 50-day moving average price is $85.66 and its 200-day moving average price is $87.09. The stock has a market capitalization of $43.17 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.3358 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.