Hollow Brook Wealth Management LLC Increases Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Hollow Brook Wealth Management LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,889 shares of the exchange traded fund’s stock after purchasing an additional 5,396 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 2.0% of Hollow Brook Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Hollow Brook Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,856,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. ORG Wealth Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $35,000. Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Finally, PSI Advisors LLC grew its holdings 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 worth $38,000 after acquiring an additional 183 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $93.97 on Monday. The business has a 50 day moving average price of $93.44 and a 200 day moving average price of $94.35. The company has a market capitalization of $59.70 billion, a P/E 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.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3105 per share. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 3.97%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 20+ Year Treasury Bond ETF Company 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.