Reicon Wealth Advisors LLC Invests $694,000 in iShares 20+ Year Treasury Bond ETF $TLT

Reicon Wealth Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 7,961 shares of the exchange traded fund’s stock, valued at approximately $694,000. iShares 20+ Year Treasury Bond ETF accounts for about 0.5% of Reicon Wealth Advisors LLC’s holdings, making the stock its 14th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Yoder Wealth Management Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 0.4% during the third quarter. Yoder Wealth Management Inc. now owns 29,867 shares of the exchange traded fund’s stock valued at $2,669,000 after buying an additional 109 shares during the last quarter. Mather Group LLC. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the third quarter. Mather Group LLC. now owns 3,538 shares of the exchange traded fund’s stock valued at $316,000 after buying an additional 115 shares during the last quarter. Silverlake Wealth Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 0.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after buying an additional 115 shares during the last quarter. SteelPeak Wealth LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.3% during the third quarter. SteelPeak Wealth LLC now owns 3,705 shares of the exchange traded fund’s stock valued at $331,000 after buying an additional 118 shares during the last quarter. Finally, Yukon Wealth Management Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after buying an additional 118 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock traded up $0.07 on Thursday, hitting $85.77. 3,638,341 shares of the company traded hands, compared to its average volume of 36,498,184. The stock has a market capitalization of $42.28 billion, a P/E ratio of -6.75 and a beta of 0.57. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $92.18. The business has a 50-day simple moving average of $87.44 and a 200 day simple moving average of $88.34.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a $0.3448 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Wednesday, April 1st.

iShares 20+ Year Treasury Bond ETF 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.