Lindbrook Capital LLC Invests $154,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lindbrook Capital LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,555 shares of the exchange traded fund’s stock, valued at approximately $154,000.

A number of other hedge funds have also modified their holdings of TLT. HB Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 61.9% in the 3rd quarter. HB Wealth Management LLC now owns 4,554 shares of the exchange traded fund’s stock worth $404,000 after buying an additional 1,742 shares in the last quarter. Capital Investment Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $255,000. Flagship Harbor Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $1,042,000. Private Trust Co. NA grew its position in iShares 20+ Year Treasury Bond ETF by 44.1% during the 3rd quarter. Private Trust Co. NA now owns 5,411 shares of the exchange traded fund’s stock worth $480,000 after acquiring an additional 1,657 shares during the last quarter. Finally, Strategic Blueprint LLC grew its position in iShares 20+ Year Treasury Bond ETF by 41.4% during the 3rd quarter. Strategic Blueprint LLC now owns 49,003 shares of the exchange traded fund’s stock worth $4,346,000 after acquiring an additional 14,357 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $89.03 on Wednesday. The firm has a market cap of $45.98 billion, a PE ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $107.24. The stock’s 50 day simple moving average is $92.67 and its 200 day simple moving average is $92.55.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 dividend on an annualized basis and a yield of 4.21%.

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.