LexAurum Advisors LLC Buys 4,804 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

LexAurum Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 104.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,424 shares of the exchange traded fund’s stock after acquiring an additional 4,804 shares during the quarter. LexAurum Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd 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 purchasing an additional 31,502,110 shares during the period. Assetmark Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after buying an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $89,789,000. IMC Chicago LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 440.7% in the third quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after acquiring an additional 851,884 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 51.9% during the 3rd 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 acquiring an additional 709,409 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8 %

Shares of TLT stock opened at $86.83 on Friday. The firm has a market cap of $51.06 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a 50 day moving average of $89.41 and a 200-day moving average of $93.39. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. This is an increase 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 4.85%. 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.