PSI Advisors LLC Buys 63,475 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

PSI Advisors LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9,705.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,129 shares of the exchange traded fund’s stock after acquiring an additional 63,475 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 1.7% of PSI Advisors LLC’s investment portfolio, making the stock its 16th largest position. PSI Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares during the period. Assetmark Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after acquiring an additional 4,322,688 shares during the period. Quadrature Capital Ltd acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $89,789,000. IMC Chicago LLC increased its position in iShares 20+ Year Treasury Bond ETF by 440.7% during the third quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after acquiring an additional 851,884 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after purchasing an additional 709,409 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 Down 0.0 %

NASDAQ TLT opened at $85.43 on Tuesday. The company has a market cap of $49.57 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a 50 day moving average of $90.22 and a 200-day moving average of $93.73. iShares 20+ Year Treasury Bond ETF has a 1-year low of $85.04 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced 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 4.93%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

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.