iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,511 shares of the exchange traded fund’s stock after acquiring an additional 666 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Register Financial Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $28,000. Rosenberg Matthew Hamilton grew its stake in iShares 20+ Year Treasury Bond ETF by 8,825.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 353 shares in the last quarter. Delos Wealth Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 365.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 365 shares in the last quarter. JFS Wealth Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 287.3% during the 3rd quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 385 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $47,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6 %

Shares of TLT traded up $0.55 during mid-day trading on Tuesday, hitting $90.74. The stock had a trading volume of 30,509,375 shares, compared to its average volume of 43,429,281. The company has a market cap of $46.72 billion, a PE ratio of -7.14 and a beta of 0.39. The company’s fifty day simple moving average is $91.92 and its two-hundred day simple moving average is $92.73. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $105.52.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a $0.3077 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.69 annualized dividend and a dividend yield of 4.07%.

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.