SFG Wealth Management LLC. Invests $1.05 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SFG Wealth Management LLC. bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 11,972 shares of the exchange traded fund’s stock, valued at approximately $1,045,000.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares in the last quarter. Assetmark Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the period. Mackenzie Financial Corp raised its position in iShares 20+ Year Treasury Bond ETF by 5.4% in the 2nd quarter. Mackenzie Financial Corp now owns 3,059,000 shares of the exchange traded fund’s stock worth $280,755,000 after purchasing an additional 155,900 shares during the period. Harvest Portfolios Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 33.0% during the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after buying an additional 683,915 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

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

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.