iShares 20+ Year Treasury Bond ETF $TLT Stock Acquired by Tectonic Advisors LLC

Tectonic Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2,200.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 384,917 shares of the exchange traded fund’s stock after buying an additional 368,183 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.3% of Tectonic Advisors LLC’s portfolio, making the stock its 14th largest holding. Tectonic Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $29,939,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Vision Financial Markets LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 247.2% in the 3rd quarter. Vision Financial Markets LLC now owns 346,900 shares of the exchange traded fund’s stock valued at $26,982,000 after acquiring an additional 247,000 shares in the last quarter. Christensen King & Associates Investment Services Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.8% in the third quarter. Christensen King & Associates Investment Services Inc. now owns 21,417 shares of the exchange traded fund’s stock worth $1,666,000 after purchasing an additional 1,172 shares during the last quarter. Royal Fund Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.8% in the third quarter. Royal Fund Management LLC now owns 215,893 shares of the exchange traded fund’s stock worth $16,792,000 after purchasing an additional 7,878 shares during the last quarter. Benin Management CORP boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 35.7% during the third quarter. Benin Management CORP now owns 155,533 shares of the exchange traded fund’s stock valued at $12,097,000 after buying an additional 40,900 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at $57,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT traded down $0.40 during trading hours on Friday, hitting $81.34. The company’s stock had a trading volume of 34,787,676 shares, compared to its average volume of 34,255,156. The company’s 50 day simple moving average is $80.56 and its two-hundred day simple moving average is $83.48. The company has a market cap of $47.56 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 12 month low of $76.43 and a 12 month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3116 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 annualized dividend and a dividend yield of 4.6%.

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.