Great Valley Advisor Group Inc. Raises Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Great Valley Advisor Group Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.6% during the third quarter, Holdings Channel reports. The institutional investor owned 42,877 shares of the exchange traded fund’s stock after purchasing an additional 11,259 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,206,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $34,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $35,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Anfield Capital Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $36,000. Finally, PSI Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 79.6% during the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 183 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 Trading Up 0.1 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.39 on Friday. The company has a 50-day moving average of $94.14 and a two-hundred day moving average of $94.24. iShares 20+ Year Treasury Bond ETF has a 12-month low of $87.34 and a 12-month high of $101.64. The stock has a market cap of $58.55 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.3105 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend was Friday, November 1st.

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.