Arizona PSPRS Trust Makes New $601,000 Investment in iShares 20+ Year Treasury Bond ETF $TLT

Arizona PSPRS Trust bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,601 shares of the exchange traded fund’s stock, valued at approximately $601,000. iShares 20+ Year Treasury Bond ETF makes up 0.0% of Arizona PSPRS Trust’s portfolio, making the stock its 12th largest position.

Several other institutional investors have also recently made changes to their positions in TLT. Brighton Jones LLC lifted its position in shares of 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 acquiring an additional 601 shares in the last quarter. American Assets Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $437,000. Capital Analysts LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.5% in the fourth quarter. Capital Analysts LLC now owns 27,819 shares of the exchange traded fund’s stock worth $2,430,000 after purchasing an additional 9,457 shares during the period. Coldstream Capital Management Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.9% in the fourth quarter. Coldstream Capital Management Inc. now owns 4,629 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 215 shares during the period. Finally, Johnson Financial Group Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 40.0% in the fourth quarter. Johnson Financial Group Inc. now owns 8,385 shares of the exchange traded fund’s stock worth $736,000 after purchasing an additional 2,396 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.05 on Monday. The stock has a market cap of $48.67 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $101.64. The firm’s fifty day moving average price is $86.76 and its 200-day moving average price is $87.80.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Friday, August 1st were issued a $0.3308 dividend. The ex-dividend date of this dividend was Friday, August 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.