Simplicity Wealth LLC Increases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Simplicity Wealth LLC boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 38.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 223,164 shares of the exchange traded fund’s stock after acquiring an additional 61,404 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.2% of Simplicity Wealth LLC’s investment portfolio, making the stock its 13th biggest position. Simplicity Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,944,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 130.9% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 161 shares during the last quarter. Clearstead Trust LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $25,000. Ameritas Investment Partners Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at $33,000. Caldwell Trust Co purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $36,000. Finally, Kilter Group LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $37,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $87.31 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09. The stock has a 50-day moving average of $88.26 and a 200 day moving average of $88.37. The company has a market capitalization of $46.31 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.3424 per share. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.