Spectrum Planning & Advisory Services Inc. Boosts Stake in iShares 20+ Year Treasury Bond ETF $TLT

Spectrum Planning & Advisory Services Inc. raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,537 shares of the exchange traded fund’s stock after buying an additional 7,092 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 1.2% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 25th biggest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,313,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 8.6% in the 3rd 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 during the last quarter. Harvest Portfolios Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 3rd 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 during the last quarter. Hantz Financial Services Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 5.9% in the 4th quarter. Hantz Financial Services Inc. now owns 2,846,143 shares of the exchange traded fund’s stock valued at $248,070,000 after buying an additional 158,421 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its position in 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 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 TLT stock opened at $85.47 on Wednesday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The company’s 50-day simple moving average is $85.88 and its 200-day simple moving average is $87.47. The stock has a market capitalization of $42.53 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 declared a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be given a dividend of $0.3358 per share. The ex-dividend date of this dividend is Monday, June 1st. 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 Company 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.