Pallas Capital Advisors LLC Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pallas Capital Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 64,599 shares of the exchange traded fund’s stock after buying an additional 428 shares during the quarter. Pallas Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,641,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in TLT. Divergent Wealth Advisors boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1.1% in the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after buying an additional 117 shares during the period. Goelzer Investment Management Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.0% in the 3rd quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock valued at $1,490,000 after purchasing an additional 143 shares during the last quarter. Pinnacle Family Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 6.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 147 shares during the last quarter. Claro Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after buying an additional 149 shares during the period. Finally, Empirical Asset Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.5% in the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT traded down $0.03 during mid-day trading on Monday, reaching $85.43. 33,016,364 shares of the company’s stock were exchanged, compared to its average volume of 35,133,977. The company’s 50-day moving average is $90.22 and its 200-day moving average is $93.73. iShares 20+ Year Treasury Bond ETF has a 52-week low of $85.04 and a 52-week high of $101.64. The firm has a market capitalization of $49.57 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a yield of 4.93%.

About iShares 20+ Year Treasury Bond ETF

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.