iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Professional Financial Advisors LLC

Professional Financial Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 51.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,308 shares of the exchange traded fund’s stock after buying an additional 4,515 shares during the period. Professional Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,211,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 28.0% during the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 601 shares in the last quarter. Van ECK Associates Corp grew its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 178 shares during the last quarter. Principal Financial Group Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 86.8% during the 4th quarter. Principal Financial Group Inc. now owns 164,867 shares of the exchange traded fund’s stock worth $14,398,000 after acquiring an additional 76,594 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $70,000. Finally, Wealthspire Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $245,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $86.77 on Tuesday. The company has a fifty day moving average of $86.60 and a two-hundred day moving average of $88.21. The company has a market capitalization of $46.95 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.30 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a $0.3195 dividend. This represents a $3.83 annualized dividend and a dividend yield of 4.42%. The ex-dividend date was Monday, June 2nd.

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.