Riggs Asset Managment Co. Inc. Acquires 16,497 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Riggs Asset Managment Co. Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) by 45.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,952 shares of the exchange traded fund’s stock after acquiring an additional 16,497 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,615,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Davis Rea LTD. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $4,468,000. CPR Investments Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 164.4% in the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after buying an additional 47,741 shares in the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $1,378,000. WestEnd Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 17.1% during the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock worth $82,518,000 after acquiring an additional 134,792 shares in the last quarter. Finally, First Horizon Corp acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $5,510,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $86.55 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $92.18. The business has a fifty day moving average of $87.71 and a two-hundred day moving average of $88.43. The stock has a market cap of $42.30 billion, a PE ratio of -6.75 and a beta of 0.57.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

iShares 20+ Year Treasury Bond ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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