Smart Money Group LLC Raises Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Smart Money Group LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 36,644 shares of the exchange traded fund’s stock after buying an additional 7,117 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 1.1% of Smart Money Group LLC’s investment portfolio, making the stock its 27th largest position. Smart Money Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Principal Financial Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after buying an additional 36,070 shares during the last quarter. Full Sail Capital LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 5.3% during the second quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock valued at $6,461,000 after buying an additional 3,530 shares in the last quarter. Commerce Bank lifted its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after buying an additional 2,426 shares during the last quarter. Finally, ST Germain D J Co. Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

TLT stock opened at $87.19 on Monday. The firm has a market cap of $51.62 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock’s 50 day simple moving average is $89.67 and its 200 day simple moving average is $93.54. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.