Rice Partnership LLC Has $216,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Rice Partnership LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 17.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,376 shares of the exchange traded fund’s stock after acquiring an additional 358 shares during the quarter. Rice Partnership LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $216,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $25,000. Byrne Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $26,000. Proathlete Wealth Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $28,000. Coastline Trust Co acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $32,000. Finally, First Pacific Financial acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $38,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $86.99 on Friday. The stock has a fifty day moving average price of $86.61 and a two-hundred day moving average price of $88.00. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.30 and a 52-week high of $101.64. The firm has a market capitalization of $47.74 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, July 7th. Stockholders of record on Tuesday, July 1st will be issued a dividend of $0.3283 per share. This represents a $3.94 annualized dividend and a dividend yield of 4.53%. The ex-dividend date is Tuesday, July 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.