Security Financial Services INC. Acquires 1,274 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Security Financial Services INC. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,971 shares of the exchange traded fund’s stock after buying an additional 1,274 shares during the period. Security Financial Services INC.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $792,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLT. Clearstead Trust LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $25,000. MassMutual Private Wealth & Trust FSB raised its stake in iShares 20+ Year Treasury Bond ETF by 38.4% in the second 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 in the last quarter. Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in iShares 20+ Year Treasury Bond ETF by 416.0% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 416 shares during the period. SouthState Corp bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $50,000. Finally, Harbor Investment Advisory LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 1,477.5% during the 2nd quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 591 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $88.87 on Friday. The firm has a market capitalization of $48.68 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock has a 50 day moving average price of $90.03 and a 200-day moving average price of $87.79. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.3251 per share. The ex-dividend date was Monday, November 3rd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.