Huntleigh Advisors Inc. Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Huntleigh Advisors Inc. grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 67.4% during the 1st quarter, HoldingsChannel reports. The fund owned 3,855 shares of the exchange traded fund’s stock after purchasing an additional 1,552 shares during the period. Huntleigh Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $351,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TLT. NBC Securities Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $25,000. Byrne Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $26,000. Proathlete Wealth Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $28,000. Coastline Trust Co purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $32,000. Finally, First Pacific Financial purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $38,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $86.99 on Friday. The company has a market capitalization of $47.74 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.30 and a 12 month high of $101.64. The firm’s 50-day moving average is $86.61 and its 200 day moving average is $88.00.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, July 1st will be paid a $0.3283 dividend. This represents a $3.94 annualized dividend and a yield of 4.53%. The ex-dividend date of this dividend is Tuesday, July 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

About iShares 20+ Year Treasury Bond ETF

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.