Two West Capital Advisors LLC Invests $210,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Two West Capital Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,400 shares of the exchange traded fund’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $35,000. West Branch Capital LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $42,000. ST Germain D J Co. Inc. increased its stake in shares of 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 worth $42,000 after purchasing an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $59,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.22 on Monday. The firm has a fifty day moving average price of $89.35 and a two-hundred day moving average price of $93.36. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The firm has a market cap of $51.29 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.