AXS Investments LLC Invests $1.13 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AXS Investments LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 11,000 shares of the exchange traded fund’s stock, valued at approximately $1,132,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlas Private Wealth Advisors grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.6% during the second quarter. Atlas Private Wealth Advisors now owns 29,668 shares of the exchange traded fund’s stock valued at $3,054,000 after acquiring an additional 14,803 shares in the last quarter. Mutual Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 242.6% during the 2nd quarter. Mutual Advisors LLC now owns 49,275 shares of the exchange traded fund’s stock valued at $5,072,000 after purchasing an additional 34,893 shares in the last quarter. Alliance Wealth Advisors LLC UT increased its holdings in iShares 20+ Year Treasury Bond ETF by 2.9% during the 1st quarter. Alliance Wealth Advisors LLC UT now owns 108,521 shares of the exchange traded fund’s stock worth $11,543,000 after purchasing an additional 3,033 shares during the last quarter. Bayberry Capital Partners LP acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $3,191,000. Finally, Gradient Investments LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 21,890.4% in the 2nd quarter. Gradient Investments LLC now owns 255,528 shares of the exchange traded fund’s stock valued at $26,304,000 after purchasing an additional 254,366 shares in the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

Shares of TLT stock traded up $0.42 during mid-day trading on Friday, reaching $90.04. 44,100,610 shares of the company were exchanged, compared to its average volume of 28,797,941. The business’s 50 day simple moving average is $87.91 and its 200 day simple moving average is $95.56. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $109.68.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd were issued a dividend of $0.286 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a $3.43 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend was Wednesday, November 1st.

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.