ERTS Wealth Advisors LLC Raises Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

ERTS Wealth Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 30,583 shares of the exchange traded fund’s stock after purchasing an additional 214 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 0.5% of ERTS Wealth Advisors LLC’s portfolio, making the stock its 19th biggest position. ERTS Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,784,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. NBC Securities Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $25,000. Byrne Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $26,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $28,000. Van ECK Associates Corp lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares during the period. Finally, Highline Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $41,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2%

Shares of TLT stock opened at $86.49 on Friday. The firm has a market cap of $46.80 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.30 and a 52-week high of $101.64. The company’s 50 day moving average is $86.62 and its 200 day moving average is $88.34.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3195 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.83 annualized dividend and a yield of 4.43%.

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.