Fiduciary Financial Group LLC Boosts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Fiduciary Financial Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 282.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 20,057 shares of the exchange traded fund’s stock after purchasing an additional 14,814 shares during the quarter. Fiduciary Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,792,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its position in iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 601 shares during the last quarter. Capstone Wealth Management Group LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 409.3% in the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after acquiring an additional 40,863 shares during the period. Credit Agricole S A raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.8% during the first quarter. Credit Agricole S A now owns 83,962 shares of the exchange traded fund’s stock worth $7,643,000 after purchasing an additional 8,174 shares during the last quarter. United Asset Strategies Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 63.7% during the first quarter. United Asset Strategies Inc. now owns 10,289 shares of the exchange traded fund’s stock worth $937,000 after purchasing an additional 4,004 shares during the last quarter. Finally, CW Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $376,000. 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 $87.55 on Friday. The firm’s fifty day moving average is $89.68 and its two-hundred day moving average is $88.21. The firm has a market cap of $47.96 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a dividend of $0.3424 per share. This represents a c) annualized dividend and a yield of 4.7%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend is Friday, December 19th.

iShares 20+ Year Treasury Bond ETF 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.