Financial Services Advisory Inc Acquires Shares of 16,320 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Financial Services Advisory Inc bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, HoldingsChannel reports. The firm bought 16,320 shares of the exchange traded fund’s stock, valued at approximately $1,601,000.

A number of other institutional investors have also recently modified their holdings of the business. Motco acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $35,000. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Finally, Anfield Capital Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $36,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $90.20 on Thursday. The business’s fifty day moving average price is $96.13 and its two-hundred day moving average price is $94.09. The stock has a market cap of $58.43 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $86.74 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3105 per share. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.13%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.