CX Institutional Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

CX Institutional grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 50.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 465,582 shares of the exchange traded fund’s stock after purchasing an additional 156,138 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 1.6% of CX Institutional’s holdings, making the stock its 17th biggest holding. CX Institutional’s holdings in iShares 20+ Year Treasury Bond ETF were worth $40,659,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Divergent Wealth Advisors boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after acquiring an additional 117 shares in the last quarter. Goelzer Investment Management Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.0% in 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 buying an additional 143 shares in the last quarter. Pinnacle Family Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 6.3% during the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after acquiring an additional 147 shares during the period. Claro Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after acquiring an additional 149 shares during the period. Finally, Empirical Asset Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 2.5% in the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 152 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $86.76 on Friday. The company’s fifty day moving average is $89.41 and its two-hundred day moving average is $93.39. The firm has a market capitalization of $51.02 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders 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. This represents a $4.21 annualized dividend and a yield of 4.85%. 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.