Beverly Hills Private Wealth LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beverly Hills Private Wealth LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,532 shares of the exchange traded fund’s stock, valued at approximately $437,000.

A number of other large investors have also modified their holdings of TLT. Bogart Wealth LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 156.0% during the 2nd quarter. Bogart Wealth LLC now owns 256 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 156 shares during the period. Tucker Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $27,000. Boyd Watterson Asset Management LLC OH bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $28,000. Stonebridge Capital Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $29,000. Finally, Kistler Tiffany Companies LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 276.5% during the 2nd quarter. Kistler Tiffany Companies LLC now owns 305 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 224 shares during the period. Institutional investors and hedge funds own 66.54% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.2 %

Shares of NASDAQ:TLT opened at $89.62 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $109.68. The company has a 50 day moving average of $88.00 and a 200-day moving average of $95.60.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were given a dividend of $0.286 per share. The ex-dividend date was Wednesday, November 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a $3.43 annualized dividend and a dividend yield of 3.83%.

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.