Procyon Advisors LLC Takes $1.04 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Procyon Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,959 shares of the exchange traded fund’s stock, valued at approximately $1,042,000.

Several other institutional investors have also made changes to their positions in the business. Cyndeo Wealth Partners LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 29.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 4,517 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 1,027 shares during the period. Magnus Financial Group LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the 4th quarter. Magnus Financial Group LLC now owns 3,481 shares of the exchange traded fund’s stock valued at $303,000 after purchasing an additional 572 shares during the period. American Asset Management Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 12.3% in the 4th quarter. American Asset Management Inc. now owns 6,202 shares of the exchange traded fund’s stock worth $541,000 after buying an additional 679 shares in the last quarter. BCGM Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 79.5% in the 4th quarter. BCGM Wealth Management LLC now owns 6,097 shares of the exchange traded fund’s stock worth $531,000 after buying an additional 2,701 shares in the last quarter. Finally, Sagespring Wealth Partners LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 4.6% during the 4th quarter. Sagespring Wealth Partners LLC now owns 81,301 shares of the exchange traded fund’s stock worth $7,086,000 after buying an additional 3,566 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $86.39 on Tuesday. The stock’s fifty day simple moving average is $88.19 and its 200 day simple moving average is $88.88. The firm has a market cap of $44.83 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3006 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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. 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.