iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is Procyon Advisors LLC’s 6th Largest Position

Procyon Advisors LLC increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8,929.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 353,317 shares of the exchange traded fund’s stock after buying an additional 349,404 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 2.0% of Procyon Advisors LLC’s holdings, making the stock its 6th largest position. Procyon Advisors LLC owned about 0.06% of iShares 20+ Year Treasury Bond ETF worth $30,855,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Prospera Private Wealth LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $42,000. ST Germain D J Co. Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $59,000. Finally, PSI Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 58.4% during the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 241 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 Up 0.3 %

Shares of NASDAQ:TLT opened at $87.02 on Friday. The company has a market capitalization of $50.96 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock’s fifty day simple moving average is $89.78 and its 200-day simple moving average is $93.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.84%. The ex-dividend date 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.