Morse Asset Management Inc Acquires New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Morse Asset Management Inc purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 29,851 shares of the exchange traded fund’s stock, valued at approximately $2,928,000.

Several other institutional investors have also added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $34,000. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $35,000. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $35,000. Anfield Capital Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $36,000. Finally, PSI Advisors LLC boosted its stake 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 valued at $38,000 after buying an additional 183 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $93.06 on Wednesday. The stock has a market capitalization of $59.12 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $87.34 and a 1-year high of $101.64. The business has a 50 day simple moving average of $93.23 and a two-hundred day simple moving average of $94.37.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be given a $0.325 dividend. The ex-dividend date is Monday, December 2nd. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous 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.