PFG Advisors Has $2.13 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

PFG Advisors raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,437 shares of the exchange traded fund’s stock after purchasing an additional 8,951 shares during the quarter. PFG Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $2,130,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of TLT. Brighton Jones LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 28.0% in the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 409.3% in the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after purchasing an additional 40,863 shares in the last quarter. Russell Investments Group Ltd. grew its stake in iShares 20+ Year Treasury Bond ETF by 520.4% in the second quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 510 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in iShares 20+ Year Treasury Bond ETF by 28.7% in the second quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock valued at $71,348,000 after purchasing an additional 180,073 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake in iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6%

TLT stock opened at $86.57 on Wednesday. The business has a 50 day moving average price of $87.79 and a two-hundred day moving average price of $88.46. The company has a market cap of $42.31 billion, a price-to-earnings ratio of -6.75 and a beta of 0.57. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a $0.3448 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Wednesday, April 1st.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.