Providence Capital Advisors LLC Purchases 327 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Providence Capital Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.4% in the 3rd quarter, Holdings Channel reports. The fund owned 22,983 shares of the exchange traded fund’s stock after acquiring an additional 327 shares during the quarter. Providence Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,255,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TLT. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $35,000. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $35,000. Anfield Capital Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $36,000. Finally, PSI Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 79.6% during the 2nd quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 183 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.7 %

TLT stock opened at $93.01 on Thursday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $87.34 and a twelve month high of $101.64. The firm has a market cap of $60.25 billion, a PE ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average of $93.80 and a 200 day moving average of $94.30.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.