Arrowroot Family Office LLC Invests $956,000 in iShares 20+ Year Treasury Bond ETF $TLT

Arrowroot Family Office LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,838 shares of the exchange traded fund’s stock, valued at approximately $956,000.

Other large investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV raised its stake in iShares 20+ Year Treasury Bond ETF by 416.0% in the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 416 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 1,477.5% in the 2nd quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock valued at $56,000 after purchasing an additional 591 shares during the last quarter. Centennial Bank AR acquired a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $63,000. Finally, Reyes Financial Architecture Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $71,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $89.94 on Wednesday. The business has a fifty day moving average price of $89.61 and a 200 day moving average price of $87.69. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.85. The company has a market cap of $49.40 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be paid a $0.3251 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.