iShares 20+ Year Treasury Bond ETF $TLT Stock Holdings Lifted by Royal Fund Management LLC

Royal Fund Management LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 55.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 345,641 shares of the exchange traded fund’s stock after acquiring an additional 123,341 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 3.7% of Royal Fund Management LLC’s investment portfolio, making the stock its largest holding. Royal Fund Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $30,890,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Davis Rea LTD. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $4,468,000. WestEnd Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 17.1% in the 3rd quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock worth $82,518,000 after buying an additional 134,792 shares during the period. First Horizon Corp acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $5,510,000. Global Retirement Partners LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 439.2% in the third quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock valued at $4,174,000 after acquiring an additional 38,043 shares during the period. Finally, Adapt Wealth Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.3% in the second quarter. Adapt Wealth Advisors LLC now owns 123,095 shares of the exchange traded fund’s stock valued at $10,863,000 after acquiring an additional 3,879 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6%

Shares of TLT stock opened at $87.80 on Monday. The firm has a market capitalization of $46.77 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The firm’s fifty day simple moving average is $88.42 and its 200 day simple moving average is $88.37.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3424 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was 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.