Kingsview Wealth Management LLC Purchases 5,839 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Kingsview Wealth Management LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.4% during the second quarter, HoldingsChannel reports. The firm owned 113,001 shares of the exchange traded fund’s stock after acquiring an additional 5,839 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,972,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of TLT. Adapt Wealth Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 3.3% in the 2nd quarter. Adapt Wealth Advisors LLC now owns 123,095 shares of the exchange traded fund’s stock valued at $10,863,000 after purchasing an additional 3,879 shares during the last quarter. Cedar Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 9.1% in the 2nd quarter. Cedar Wealth Management LLC now owns 3,193 shares of the exchange traded fund’s stock valued at $282,000 after acquiring an additional 267 shares during the period. WealthShield Partners LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 12.0% in the second quarter. WealthShield Partners LLC now owns 36,911 shares of the exchange traded fund’s stock valued at $3,257,000 after purchasing an additional 3,969 shares during the period. Meridian Wealth Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.2% in the second quarter. Meridian Wealth Management LLC now owns 46,145 shares of the exchange traded fund’s stock worth $4,072,000 after acquiring an additional 987 shares during the period. Finally, Security Financial Services INC. raised its holdings in iShares 20+ Year Treasury Bond ETF by 16.6% during the 2nd quarter. Security Financial Services INC. now owns 8,971 shares of the exchange traded fund’s stock worth $792,000 after purchasing an additional 1,274 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6%

Shares of TLT opened at $88.87 on Friday. The stock has a market capitalization of $48.68 billion, a P/E ratio of -6.75 and a beta of 0.53. The firm’s fifty day simple moving average is $90.03 and its two-hundred day simple moving average is $87.78. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.3251 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.