Client 1ST Advisory Group LLC Invests $1.44 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Client 1ST Advisory Group LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,488 shares of the exchange traded fund’s stock, valued at approximately $1,440,000. iShares 20+ Year Treasury Bond ETF makes up about 0.6% of Client 1ST Advisory Group LLC’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TLT. My Legacy Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11.9% in the fourth quarter. My Legacy Advisors LLC now owns 16,152 shares of the exchange traded fund’s stock worth $1,401,000 after buying an additional 1,718 shares during the last quarter. Maiden Cove Capital LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $250,000. Kelly Financial Services LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 10.4% during the 4th quarter. Kelly Financial Services LLC now owns 74,462 shares of the exchange traded fund’s stock worth $6,505,000 after acquiring an additional 6,988 shares during the period. Ballew Advisors Inc raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 77.7% in the fourth quarter. Ballew Advisors Inc now owns 26,066 shares of the exchange traded fund’s stock worth $2,227,000 after purchasing an additional 11,400 shares during the last quarter. Finally, Smith Salley Wealth Management lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.2% during the fourth quarter. Smith Salley Wealth Management now owns 42,622 shares of the exchange traded fund’s stock worth $3,722,000 after purchasing an additional 486 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ TLT opened at $87.19 on Monday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The business’s 50 day moving average price is $89.67 and its 200 day moving average price is $93.54. The firm has a market cap of $51.62 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 20+ Year Treasury Bond ETF Company 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.