Merkkuri Wealth Advisors LLC Has $296,000 Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Merkkuri Wealth Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,385 shares of the exchange traded fund’s stock after acquiring an additional 578 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $296,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in TLT. B.O.S.S. Retirement Advisors LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $1,462,000. CFS Investment Advisory Services LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 5.0% in the fourth quarter. CFS Investment Advisory Services LLC now owns 93,802 shares of the exchange traded fund’s stock valued at $8,192,000 after acquiring an additional 4,458 shares during the period. Geneos Wealth Management Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 219.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 50,891 shares of the exchange traded fund’s stock worth $4,444,000 after purchasing an additional 34,948 shares in the last quarter. Fifth Third Bancorp lifted its stake in iShares 20+ Year Treasury Bond ETF by 24.8% during the fourth quarter. Fifth Third Bancorp now owns 54,860 shares of the exchange traded fund’s stock worth $4,791,000 after purchasing an additional 10,912 shares during the period. Finally, Atlas Private Wealth Advisors boosted its holdings in iShares 20+ Year Treasury Bond ETF by 149.1% during the fourth quarter. Atlas Private Wealth Advisors now owns 37,497 shares of the exchange traded fund’s stock valued at $3,275,000 after purchasing an additional 22,446 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.4 %

Shares of TLT opened at $87.22 on Friday. The stock has a market cap of $51.29 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 $84.89 and a 1 year high of $101.64. The stock has a 50 day simple moving average of $89.35 and a 200-day simple moving average of $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. 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 4.83%. The ex-dividend date of this dividend 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.