Beacon Financial Group Acquires 1,902 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Beacon Financial Group raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 70.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,600 shares of the exchange traded fund’s stock after purchasing an additional 1,902 shares during the quarter. Beacon Financial Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $406,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. NBC Securities Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $25,000. Byrne Asset Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $26,000. Proathlete Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $28,000. Coastline Trust Co bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth $32,000. Finally, First Pacific Financial acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $38,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2%

Shares of TLT opened at $90.35 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $101.64. The firm has a market capitalization of $50.51 billion, a PE ratio of -6.75 and a beta of 0.06. The stock’s fifty day simple moving average is $87.15 and its 200-day simple moving average is $87.65.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.3281 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.