Sims Investment Management LLC Purchases New Shares in iShares 20+ Year Treasury Bond ETF $TLT

Sims Investment Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 33,301 shares of the exchange traded fund’s stock, valued at approximately $2,976,000. iShares 20+ Year Treasury Bond ETF makes up about 1.1% of Sims Investment Management LLC’s investment portfolio, making the stock its 13th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Christensen King & Associates Investment Services Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3.6% during the 3rd quarter. Christensen King & Associates Investment Services Inc. now owns 20,253 shares of the exchange traded fund’s stock valued at $1,810,000 after purchasing an additional 698 shares during the last quarter. Global Retirement Partners LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 439.2% during the 3rd quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock valued at $4,174,000 after buying an additional 38,043 shares in the last quarter. Commonwealth Financial Services LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 7.0% in the third quarter. Commonwealth Financial Services LLC now owns 82,517 shares of the exchange traded fund’s stock worth $7,375,000 after acquiring an additional 5,401 shares during the period. Townsend & Associates Inc grew its position in shares of iShares 20+ Year Treasury Bond ETF by 4.2% in the third quarter. Townsend & Associates Inc now owns 501,882 shares of the exchange traded fund’s stock valued at $45,772,000 after purchasing an additional 20,193 shares in the last quarter. Finally, BOS Asset Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.1% during the 3rd quarter. BOS Asset Management LLC now owns 215,080 shares of the exchange traded fund’s stock valued at $19,222,000 after purchasing an additional 6,419 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1%

TLT stock opened at $87.03 on Friday. The stock has a 50-day simple moving average of $88.94 and a two-hundred day simple moving average of $88.33. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.09. The firm has a market capitalization of $47.68 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3424 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

About iShares 20+ Year Treasury Bond ETF

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.