Procyon Advisors LLC Purchases 113,424 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Procyon Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 948.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,383 shares of the exchange traded fund’s stock after purchasing an additional 113,424 shares during the quarter. Procyon Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,869,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Strategic Investment Advisors MI acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $31,000. Summer Road LLC raised its position in iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 200 shares in the last quarter. Trust Co. of Vermont raised its position in iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 181 shares in the last quarter. Finally, Stone House Investment Management LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 352 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $84.47 on Monday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The company has a market capitalization of $41.60 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The stock’s 50 day moving average is $85.44 and its two-hundred day moving average is $86.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.318 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

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.