Miller Financial Services LLC Has $2.13 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Miller Financial Services LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 24,140 shares of the exchange traded fund’s stock after buying an additional 3,688 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 2.7% of Miller Financial Services LLC’s investment portfolio, making the stock its 8th largest holding. Miller Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,130,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Clearstead Trust LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV grew its position in iShares 20+ Year Treasury Bond ETF by 416.0% during the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 416 shares during the last quarter. SouthState Corp purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $50,000. Finally, Harbor Investment Advisory LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 1,477.5% in the second quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 591 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2%

Shares of TLT opened at $88.88 on Thursday. The stock has a market capitalization of $48.69 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85. The firm has a fifty day simple moving average of $90.00 and a two-hundred day simple moving average of $87.79.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a $0.3251 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.