Wealth Management Associates Inc. Buys 10,411 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Wealth Management Associates Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 139,375 shares of the exchange traded fund’s stock after purchasing an additional 10,411 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 4.2% of Wealth Management Associates Inc.’s investment portfolio, making the stock its 3rd largest position. Wealth Management Associates Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,148,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in TLT. Northwestern Mutual Wealth Management Co. lifted its stake in iShares 20+ Year Treasury Bond ETF by 3.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after purchasing an additional 1,195,788 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 8.6% in the third quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock valued at $594,984,000 after buying an additional 527,803 shares in the last quarter. Harvest Portfolios Group Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock valued at $315,958,000 after buying an additional 33,088 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after buying an additional 63,442 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock valued at $240,758,000 after buying an additional 38,589 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.6%

TLT opened at $86.79 on Friday. The stock’s 50-day moving average price is $87.98 and its 200 day moving average price is $88.71. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09. The firm has a market cap of $45.04 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.3448 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is 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.