Institutional & Family Asset Management LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Institutional & Family Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,996 shares of the exchange traded fund’s stock, valued at approximately $514,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TLT. Smith Moore & CO. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2.0% during the first quarter. Smith Moore & CO. now owns 5,148 shares of the exchange traded fund’s stock worth $548,000 after acquiring an additional 100 shares during the last quarter. Cardinal Strategic Wealth Guidance lifted its position in iShares 20+ Year Treasury Bond ETF by 0.4% during the second quarter. Cardinal Strategic Wealth Guidance now owns 25,002 shares of the exchange traded fund’s stock valued at $2,574,000 after purchasing an additional 103 shares during the last quarter. FirstPurpose Wealth LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the first quarter. FirstPurpose Wealth LLC now owns 12,975 shares of the exchange traded fund’s stock valued at $1,380,000 after purchasing an additional 111 shares during the last quarter. MONECO Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 4.5% during the second quarter. MONECO Advisors LLC now owns 3,384 shares of the exchange traded fund’s stock valued at $348,000 after purchasing an additional 145 shares during the last quarter. Finally, PSI Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 79.3% during the second quarter. PSI Advisors LLC now owns 330 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 146 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.6 %

TLT stock opened at $87.99 on Friday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $109.68. The company has a fifty day simple moving average of $88.40 and a two-hundred day simple moving average of $96.10.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were given a dividend of $0.286 per share. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $3.43 annualized dividend and a yield of 3.90%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.28.

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.