Private Client Services LLC Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Private Client Services LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,271 shares of the exchange traded fund’s stock after purchasing an additional 1,651 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 2.1% of Private Client Services LLC’s holdings, making the stock its 8th largest position. Private Client Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,866,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Principal Financial Group Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 28.5% in the 2nd quarter. Principal Financial Group Inc. now owns 60,687 shares of the exchange traded fund’s stock valued at $5,570,000 after acquiring an additional 13,451 shares in the last quarter. Fund Evaluation Group LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth $232,000. Ashton Thomas Private Wealth LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 50.7% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 12,731 shares of the exchange traded fund’s stock valued at $1,168,000 after buying an additional 4,281 shares during the period. Choreo LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 104.8% in the 2nd quarter. Choreo LLC now owns 6,747 shares of the exchange traded fund’s stock valued at $612,000 after buying an additional 3,453 shares in the last quarter. Finally, Lane & Associates LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the 2nd quarter. Lane & Associates LLC now owns 17,741 shares of the exchange traded fund’s stock worth $1,628,000 after acquiring an additional 2,422 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT traded down $0.19 during trading hours on Wednesday, hitting $85.73. The stock had a trading volume of 28,726,671 shares, compared to its average volume of 29,835,975. The stock has a market capitalization of $49.35 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s fifty day moving average is $90.58 and its two-hundred day moving average is $93.90. iShares 20+ Year Treasury Bond ETF has a 52 week low of $85.34 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a yield of 4.91%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.